Post by: Renu Suresh in Banking
Integrated Ombudsman Scheme, 2021 The Reserve Bank - Integrated Ombudsman Scheme, 2021 was launched on November 12, 2021, in virtual mode by Hon’ble Prime Minister Shri Narendra Modi. The key objective of this scheme is to further improve the grievance…
Post by: Ramya Arul Rose in Government Initiatives
Ombudsman for Digital Transactions The Reserve Bank of India has implemented the Ombudsman for Digital Transactions (OSDT) in continuation of the Monetary Policy Statement released in 2018. The Scheme was launched under the Section 18 of Payment and Settlement Systems…
Banking Ombudsman Banking Ombudsman is a senior official appointed by the Reserve Bank of India(RBI) or a quasi (nominal) judicial authority functioning under India’s Banking Ombudsman Scheme 2006. Banking Ombudsman has the responsibility to resolve customer complaints against deficiency in banking services. At present 15 Ombudsmen…
