Consumer Protection and Grievance Redressal

Financial fraud or scam is a growing problem in today’s world. Every year we hear new stories about people losing all their money by investing in illegal schemes. But this has not stopped others from falling prey to these schemes. This is because criminals are very creative and they keep changing their tactics to find new victims. You can keep your money safe by being aware of these risks. The first step in protecting yourself against fraud or scam is knowing what it is and how to recognize various types of fraud or scam.

The financial sector in India has been the fastest to grab every opportunity, in terms of reforms and development, presented by the paradigm shift in India’s economic policy. The government of India through financial sector regulators has brought in guidelines to provide direction and control to all companies to work in ethical ways, create trust among shareholders and customers, provide stability to the economy and check financial scams and frauds.

But for all the development efforts, the financial sector is still evolving and requires adequate supervision, strict accountability and appropriate punishment because of various scams/ frauds that have taken place.

Click on to visit the respective Regulator's Grievance Redressal Mechanism.

RBI SEBI IRDAI PFRDA