RBI’s Role in Safeguarding Consumers: Beyond Complaints
Discover how the RBI safeguards consumers beyond just handling complaints. Learn about regulations, consumer education, and protective measures.
Discover how the RBI safeguards consumers beyond just handling complaints. Learn about regulations, consumer education, and protective measures.
Understand your consumer protection rights when filing an RBI complaint. Learn the steps to resolve banking issues and protect yourself from fraud.
Banks and Non-Banking Financial Companies (NBFCs) are vital pillars of our financial system, serving as essential intermediaries for various financial services. While these institutions strive to maintain ethical practices, there might be instances where consumers face issues that cannot be resolved through regular channels. In such cases, the question arises: Can we take legal action against a bank or NBFC? Let’s explore the circumstances under which legal action is possible and the steps to follow in seeking justice.