Bank of India News
How effective are our redressal systems? Real estate developers often delay handing over properties to buyers. But how many buyers approach consumer courts to get redressal? How many file FIRs on loss of wallets or mobile phones? Not many. The common reason cited is, "It will take forever". In the last financial year, the National Stock Exchange (NSE) received 5,325 complaints, of which 4,025 were resolved. The rest have been carried forward.
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