Get latest articles and stories on India at LatestLY. Amid a rise in customer complaints against cab aggregators, consumer protection regulator CCPA has called a meeting of ride-hailing platforms like Ola and Uber next week for seeking details about their policies related to pricing and cancellation of rides. India News | CCPA Gets Several Consumer Complaints Against Cab Aggregators; Calls Meeting Next Week.
CCPA seeks RBI intervention on banks delaying refund in case of failed transactions
In a letter to Reserve Bank of India (RBI) Deputy Governor M K Jain, the Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare stated that 2,850 complaints pertaining to transactions failed/cancelled but money not refunded forming 20 per cent of grievances registered in the banking sector have been received through the government-run National Consumer Helpline (NCH). PTI
RBI
Amid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time.
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CCPA seeks RBI intervention on banks delaying refund in case of failed transactions
Amid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time. In a letter to Reserve Bank of India (RBI) Deputy Governor M K Jain, the Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare stated that 2,850 complaints pertaining to transactions failed/cancelled but money not refunded forming 20 per cent of grievances registered in the banking sector have been received through the government-run National Consumer Helpline (NCH).
Consumer protection regulator seeks RBI intervention on banks delaying refund in case of failed transactions
In a letter to RBI Deputy Governor M K Jain, the Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare stated that 2,850 complaints have been received through the government-run National Consumer Helpline (NCH)
PTI | January 1, 2021 | Updated 15:09 IST
Reserve Bank of India
Amid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time.