Banking Ombudsman Scheme

Banking Ombudsman Scheme 2024-25, Important Rules for Filing Complaints & Last updated

Banking Ombudsman Scheme:- A quasi-judicial entity called the Banking Ombudsman was created to hear and resolve customer complaints against the bank. Section 35A of the Banking Regulation Act of 1949 governs the Banking Ombudsman Scheme. Aspirants in the finance and banking fields are expected to be knowledgeable of both the practical objectives and the Banking …

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