Press release regarding Reserve Bank introduces Internal ombudsman mechanism for select Non-Banking Financial Companies (NBFCs) (dated -15.11.2021) – RBI.

  • 17th, November 2021
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Press release regarding Reserve Bank introduces Internal ombudsman mechanism for select Non-Banking Financial Companies (NBFCs) (dated -15.11.2021) – RBI.

  • NBFCs not having public customer interface and certain types of NBFCs, viz., stand-alone Primary Dealers (PDs), NBFC – Infrastructure Finance Companies (NBFC-IFCs), Core Investment Companies (CICs), Infrastructure Debt Fund – Non-Banking Financial Companies (IDF-NBFCs), Non-Banking Financial Company – Account Aggregators (NBFC-AAs), NBFCs under Corporate Insolvency Resolution Process, NBFCs in liquidation and NBFCs having only captive customers have been excluded from the requirement to appoint IOs, refer attachment for further details.
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