What is the daily fine that the RBI will impose on credit bureaus for failing to resolve customer complaints within 30 days?
?50
?100
?150
?200
Correct Answer :
B. ?100
The RBI has directed credit bureaus to resolve customer complaints within 30 days or risk incurring a daily fine of ?100. This is a significant move to protect the interests of consumers and ensure that their credit information is accurate and up-to-date. The fine will be imposed for each day that the complaint remains unresolved beyond the 30-day deadline. This will incentivize credit bureaus to resolve complaints quickly and efficiently.
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