Amended Banking Ombudsman Scheme 2017

Updated on 09.07.2017 to include amended Ombudsman scheme vide RBI notificaton CEPD. PRS. No. 6317 /13.01.01/2016-17 dated June16,2017 .The amendments in the scheme shall come into force from July 1,2017. Banking ombudsman is essentially an independent arbitrator who will fairly resolve the complaints/disputes in bank service.  The scheme virtually covers all banking transactions related grievances…