Striking a Balance: Consumer Financial Protection and Banking Regulations in the Indian Context

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.