Reserve Bank of India

Fraud agencies sitting in Delhi are running RBI using RBI letter heads and address, Once such complaint was given to RBI but it looks they have passed it to police as a general compliant. The matter is serious that as a lay man I can understand how terrorists are getting funding in India. I feel when such complaints are giving by citizens they must be acted upon immediately and seriously.

Toothless and reactive rather than proactive.

RBI need to improve in internal vigilance and also enforce restrictive measures on Lending Norms, rules and Recovery system procedural regulations for drastic reduction of over due loans by all Banks and their Branches .

------- Edited on 2021-07-12 -------

Reserve bank has utterly failed to bring the figures in demonetision. It is really radiculous. Supervision on Banks have failed and there are lots of scams and frauds. There is no proper guideline for recovery of loans from defaulting borrowers.

------- Edited on 2019-05-21 -------

There should be proper supervision on high value advances and no advance should be without collateral security. Cases like Nirav Modi, Vijay Mallya cases should not happen and RBI should take moral responsibility.