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Task Force on Financial Redressal Agency

Dated:- 24-7-2015 - The Government has set up a Task Force on Financial Redress Agency (FRA), as recommended by the Financial Sector Legislative Reforms Commission (FSLRC), on June 5, 2015, with the following Terms of Reference: Review the international best practices in consumer grievance redress, including ombudsmen and other dispute resolution mechanisms, with a focus on the financial sector. Review the present practices of management of financial consumer redress in India. Support the Minist .....

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