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
Ranveer Singh’s upcoming film, ‘Dhurandhar 2’, is scheduled to have paid previe
The weather in Delhi-NCR has changed. The rain that began late Sunday night continued on Monday.
New Version of 'Dhurandhar 2' Released After 11 Days; Error Found in Aditya Dhar's 'Peak Detailing'
‘Dhurandhar: The Revenge’ is currently running in theaters and is, without a doubt, d
After TRF, the Central Government has now declared Jaish-e-Mohammed's proxy organization PAFF and
IGNOU Admission Entrance Test- January 2023: Indira Gandhi National Open University (IGNOU) has s
Frustrated Pakistan retaliated against Iran on Thursday. Pakistani Air Force entered the border o
Prime Minister Narendra Modi reached BJP headquarters on Friday after the historic Women's Reserv
Aamir Khan is in the news these days for his upcoming film 'Sitare Zameen Par'. He is busy promot
Just a day before anti-government protests in Iran, around 1200 students of the country's largest
The prime accused in the recent grenade attack on a temple in Amritsar was killed in a police enc
