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The National Consumer Disputes Redressal Commission (NCDRC) is a quasi-judicial government commission established in India in 1988 under the Consumer Protection Act of 1986. [3] Headquartered in New Delhi, it serves as the apex national-level forum for consumer dispute resolution in India. [ 3 ]
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
States Consumer Disputes Redressal commission in states and union territories of India was formed to promote and protect the rights of consumers as per the Consumer Protection Act 1986. [ 1 ] [ 2 ] [ 3 ] It was renamed from States Consumer Disputes Redressal Forum with the amendment in Consumer Protection Act 2019 from July 2020.
HDFC held approx. 48.7% of shares in HDFC Life [24] and was the sole promoter of the company, as of May 2023. [25] In September 2013, it was ranked third in terms of market share of private life insurance companies in India. [15] On the same date, it had a network of approx. 72,000 financial consultants to sell its policies. [15]
Grievance Redressal is a management- and governance-related process used commonly in India. While the term "Grievance Redressal" primarily covers the receipt and processing of complaints from citizens and consumers, a wider definition includes actions taken on any issue raised by them to avail services more effectively.
Contact AOL customer support. ... For additional hours of operation for different services ... paid members also have access to 24/7 phone support by calling 1-800 ...
In May 2021, Housing Development Finance Corporation (HDFC), entered into a share purchase agreement for the sale of 44,12,000 equity shares of Rs. 10 each, representing 0.62% of the issued and paid-up share capital of HDFC ERGO, in accordance with the direction of Reserve Bank of India to reduce its shareholding in the latter to 50% or below ...
The NCDRC is the highest judiciary of the consumer court, the consumer Supreme Court of India. State Consumer Disputes Redressal Commission (SCDRC): A court that works at the state level in cases where compensation claimed is between one crore (₹10 million) and Ten crores. The State Commission has appellate jurisdiction over the District Forum.