Consumer protection regulator seeks RBI intervention on banks delaying refund in case of failed transactions
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 h...