RBI is contemplating setting up a 'Fraud Registry' (Fraud Registry) to prevent banking fraud and strengthen customer protection measures. With the help of this, a database of fraudulent websites, phone numbers, and various methods will be created.
RBI Executive Director Anil Kumar Sharma said on Monday that fraudsters will not be able to cheat again from this databank as these websites or phone numbers will be blocked. He said that at this time we are talking to all the stakeholders including various departments of RBI like Payment, Settlement, and Supervision. The participants of the payment system will be given direct access to this database. However, there is no fixed time limit for setting up of 'Fraud Registry'.
The customers of the original investment company are now under the purview of the Ombudsman
Sharma said the clients of the original investment company will be covered under the Central Bank-Integrated Ombudsman Scheme (RB-IOS), 2021. Sharing the complaints registered under the Lokpal scheme, he said, 4.18 lakh complaints were received during 2021-22. With this, a total of 3.82 lakh complaints were received during the last financial year. He said that in the complaints of the last financial year, 97.9 percent of cases have been resolved.
The public sector contributes only 20 percent to the national income
The public sector of the country contributes only 20 percent to the national income, but this sector contributes 40 percent to the total salary. Domestic rating agency India Ratings and Research said, during the decade ending 2020-21, the average share of the public sector in gross value addition stood at 19.2%, but the share in salaries was 39.2 percent. Wages at current prices grew at a compound annual growth rate of 10.4 percent in 2012-21.
NDTV seeks clarification on the conversion of the warrant into equity
Amid the ban on NDTV founders Prannoy and Radhika Roy, NDTV's promoter arm RRPR Holding Ltd. has demanded SEBI clarify things in the Vishwapradhan Commercial Private (VCPL) case. It asked to be clarified whether the restriction on the conversion of warrants issued to VCPL into equity shares under the earlier order of the regulator remained. The ban on founders ends on November 26, 2022.
Also Read: SBI Research: Golden opportunity for India to fix issues on G20 presidency agriculture subsidies
A hair-raising incident came to light from Delhi's Sultanpuri police station area. Here, the spee
Celebrations have started once again at Mukesh Ambani and Nita Ambani's house. Soon the
BCCI Official on Sarfaraz Khan Dropped out from Test Team for West Indies Tour. Ever since the an
Haryana Elections Result: Chitra Sarwara ahead of Anil Vij in Ambala, Gopal Kanda trailing
The counting of votes started at 90 seats in Haryana. Congress is far ahead in the trends. BJP's
The radical Islamist organization Popular Front of India has been banned in India for five years
The news of Indian cricket star Virat Kohli's Instagram account being deactivated caused a stir o
Ukraine-Russia war update: It has been more than 9 months since the war between Russia and Ukrain
NIA Raid In Kerala: Crackdown on PFI in terror funding case, NIA raids 56 places in Kerala
The National Investigation Agency (NIA) raided 58 locations of leaders of the banned Popular Fron
Famous actress of the Malayalam film industry Meena Ganesh has said goodbye to the world. Today,
Britain on the way to Pakistan: Prohibition on buying more than 2 potatoes, tomatoes; Why are fruits and vegetables disappearing from the market?
Britain is also on the path of Pakistan. There is also a shortage of fruits and vegetables here. Ala
