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Govt may announce FRA in Budget, forum to deal with plaints of all financial services providers

Govt may announce FRA in Budget, forum to deal with plaints of all financial services providers SECTIONS Govt may announce FRA in Budget, forum to deal with plaints of all financial services providersBy Share Synopsis Indiaโ€™s existing consumer redressal system is fragmented and overseen by sectoral regulators such as the Reserve Bank of India (RBI) for banks and the Insurance Regulatory and Developmental Authority (Irda) for insurance-related grievances. The government is of the view that th...
New Delhi Arun Jaitley Dhirendra Swarup Financial Redressal Agency Pension Fund Regulatory Financial Service Providers Fsps

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