One Nation One Ombudsman #upsc #prelims #mains #economy #banking

The Reserve Bank of India (RBI) in a recent move has announced that it will be integrating consumer grievances redressal under a single ombudsman as against three schemes working at present. The move comes at a time when there is an increase in digital transactions and the consumers have to face a lot of problems while getting their complaints redressed. The move is a step forward in the direction of customer empowerment and is an initiative towards providing speedy and inexpensive redressal to millions of users of India’s banking and non-banking infrastructure. Follow my telegram channel - https://t.me/aspirantvoice. Speak to me here - https://anchor.fm/aspirant-voice/message. Do follow me on Twitter- https://twitter.com/smurali236?s=09 , Facebook - https://www.facebook.com/Aspirantvoiceupsc/ , Instagram- https://instagram.com/aspirant_voice_upsc?utm_medium=copy_link