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If the complainant is not satisfied with the award passed by the Banking Ombudsman, he can approach the Appellate Authority against the Banking Ombudsman’s decision.
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Hie Shivanshi,
- If one is not satisfied with the decision passed by the Banking Ombudsman, one can approach the appellate authority against the Banking Ombudsmen’s decision.
- Appellate Authority is vested with a Deputy Governor of the RBI.
- One can also explore any other recourse and/or remedies available to him/her as per the law.
- The bank also has the option to file an appeal before the appellate authority under the scheme.
If one is not satisfied with the decision passed by the Banking Ombudsman, one can approach the appellate authority against the Banking Ombudsmen’s decision. Appellate Authority is vested with a Deputy Governor of the RBI.
One can also explore any other recourse and/or remedies available to him/her as per the law.
The bank also has the option to file an appeal before the appellate authority under the scheme.
Dear Friend,
as far as your query is concerned that Is there any further recourse available if one rejects the Banking Ombudsman’s decision?
Let me informed that If one is not satisfied with the decision passed by the Banking Ombudsman, one can approach the appellate authority against the
Banking Ombudsmen’s decision. Appellate Authority is vested with a Deputy Governor of the RBI.
One can also explore any other recourse and/or remedies available to him/her as per the law.
The bank also has the option to file an appeal before the appellate authority under the scheme.
Hope answer was helpful to you
Regards,
Arjun Pratap Singh