ISSN 2581-5369
HeinOnline, MANUPATRA, Google Scholar Indexed
Striking a Balance: Consumer Financial Protection and Banking Regulations in the Indian Context
-
Anjaly Ann Joseph
Advocate at High Court of Kerala, India
-
Lemya Sherine
Student at School of Legal Studies, CUSAT, India
-
Seenath P.S.
Student at CSI College for Legal Studies, India
Abstract
This paper explores the symbiotic relationship between Consumer Financial Protection (CFP) and Banking Regulations in the Indian context. It highlights the significance of CFP in safeguarding consumer rights and promoting industry growth. The study navigates the CFP framework, delves into case studies on consumer vulnerabilities and unfair practices, and examines the regulatory impact on banks. It emphasizes the balance between consumer protection and industry viability, showcasing efforts to self-regulate and promote trust. The paper underscores the importance of upholding integrity, transparency, and equitable practices in India's evolving financial landscape.
Keywords
Type
Research Paper
Information
International Journal of Law Management and Humanities, Volume 6, Issue 4, Page 2159 - 2168
DOI: https://doij.org/10.10000/IJLMH.115648Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright
Copyright © IJLMH 2021