Consumer protection law issued on 13 September 2018 and in force from 14 December 2018. It repeals Law No. 67 of 2006, and Prime Minister Decree No. 822 of 2019 issues its executive regulations (WIPO Lex).
The Reserve Bank of India imposed a monetary penalty of ₹2.70 lakh on KLM Axiva Finvest Limited for regulatory non-compliance discovered during statutory inspection. The company failed to remit surplus amounts to…
The Reserve Bank of India imposed a monetary penalty of 10 lakh rupees on Hero Fincorp Limited on September 22, 2026, following supervisory findings of non-compliance with RBI's "Fair Practices Code for Lenders…
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