“What we are doing is that we are going to write regulations, if you do not have that, there will be a penalty,’’ he said.To create a seamless complaint resolution mechanism, he also hinted that the commission is working on a complaint resolution platform that would allow companies to plug in through a subscription and receive any consumer complaint relating to them.
“Between the time we raided and now, we have discovered additional 30 accounts and all have been frozen and we will continue to freeze as we discover them. “I am certain that with the actions that we have taken and the nature of the engagement we are having with the loan companies, at least three of the major ones that their businesses have been severely affected by either our search or the account closure, they are modifying.
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