Insta
PM Modi To Launch RBI's Retail Direct, Integrated Ombudsman Schemes Tomorrow
PM Modi
Prime Minister Narendra Modi will launch two innovative, customer-centric initiatives of the Reserve Bank of India (RBI), the retail direct scheme and the integrated ombudsman scheme, via video-conferencing on Friday (12 November).
The RBI Retail direct scheme is aimed at enhancing access to government securities market for retail investors, the Prime Minister's Office (PMO) said in a statement on Thursday (11 November).
The scheme offers retail investors a new avenue for directly investing in securities issued by the Central government and the state governments. Investors will be able to easily open and maintain their government securities account online with the RBI, free of cost, the PMO said.
The Reserve Bank - Integrated Ombudsman Scheme aims to further improve the grievance redress mechanism for resolving customer complaints against entities regulated by RBI.
The central theme of the scheme is based on ‘One Nation-One Ombudsman’ with one portal, one email and one address for the customers to lodge their complaints, the PMO said.
There will be a single point of reference for customers to file their complaints, submit the documents, track status and provide feedback, it added.
A multi-lingual toll-free number will provide all relevant information on grievance redress and assistance for filing complaints.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
