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of <h1>RBI Expands Ombudsman Scheme to Include Deposit and Non-Deposit Taking NBFCs with Assets Over Rs. 100 Crore.</h1> The Reserve Bank of India (RBI) has expanded the Ombudsman Scheme for Non-Banking Financial Companies (NBFCs) to include those authorized to accept deposits and non-deposit taking NBFCs with a customer interface and assets of Rs. 100 crore or more, effective April 26, 2019. Excluded from the scheme are NBFC-Infrastructure Finance Companies, Core Investment Companies, Infrastructure Debt Fund-NBFCs, and NBFCs under liquidation. The scheme is managed from Ombudsman offices in Chennai, Kolkata, Mumbai, and New Delhi, covering the entire country.
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