RBI launches new website ’Sachet’
The Reserve Bank of India (RBI) Governor Raghuram Rajan has launched ’Sachet- www.sachet.rbi.org.in’ a web portal to curb illegal collection of deposits. which will allow members of public would be able to obtain information regarding entities that are allowed to accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits by unscrupulous entities. The website would also help enhance coordination among regulators and State Government agencies and thus be useful in curbing instances of unauthorised acceptance of deposits by unscrupulous entities.
Sachet is a SLCC (State Level Coordination Committees) website from which the members of public would be able to obtain information regarding entities that are allowed to accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits by unscrupulous entities. SLCCs comprise various regulators,namely, SEBI, National Housing Bank (NHB), Insurance Regulatory and Development Authority (IRDA), Registrar of Companies (ROC) and concerned State Government departments, such as, Home Department, Finance Department, Law Department and various Police Authorities.
So let's do:
1. Name the web portal, which has launched by RBI Governor for RBI launches new website ’Sachet’?
2. Expand the term SLCC?
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