RBI seeks to develop a Master Direction on internal ombudsman

RBI has initiated development of a consolidated Master Direction on internal ombudsman to bring uniformity in matters like timeline for escalation of complaints to IOs, exclusions, temporary absence of the Internal Ombudsman, minimum qualifications for appointing an Internal Ombudsman and updation of reporting formats, in addition to introduction of the post of Deputy Internal Ombudsman. These instructions are expected to further strengthen the IO mechanism and in turn, the grievance redress system in REs.

Bima Vahak Guidelines, 2023

These guidelines aim to establish a dedicated, women-centric distribution channel that will penetrate every village and Gram Panchayat, improving the availability of insurance across the country. This transformative initiative seeks to create awareness about insurance products while ensuring that local needs are met and trusted individuals within communities act as intermediaries.

No Protein Binders Allowed in Milk and Milk Products

While protein binders have gained prominence as essential ingredients in the production of various food products, especially semi-solid or solid foods, FSSAI’s stance underscores the potential negative impact on the digestibility of bound proteins.