New RBI Governor: Hopes and Expectations

[Anupama_Jha]

My requests would be:

1. Introduce CIBIL freeze/lock option like USA

2. Introduce Pro-rata refund of joining/annual fees if cc gets devalued and user opts to close the card.

3. Introduce deadline to close complaints made to Ombudsman.

Feel free to add urs........

 

[akshayhs]

Except #3, I am not optimistic about RBI introducing consumer-centric measures purely to appease consumers. If this guy gets to do all three and RBI brings in such directives, that'll be a miracle.

1 is defacto the most important function for consumers.