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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