Question

According to RBI, Credit Information Companies (CICs) will have to appoint an Internal Ombudsman by _____.

A April 1, 2023 Correct Answer Incorrect Answer
B May 1, 2023 Correct Answer Incorrect Answer
C June 1, 2023 Correct Answer Incorrect Answer
D July 1, 2023 Correct Answer Incorrect Answer
E August 1, 2023 Correct Answer Incorrect Answer

Solution

According to RBI, the aim is to strengthen the internal grievance redress mechanism of the CIC. Credit Information Companies (CICs) will have to appoint an Internal Ombudsman by April 1, 2023.

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