Who is a Banking Ombudsman?

Hi, Banking Ombudsman is a quasi judicial authority functioning under India’s Banking Ombudsman Scheme 2006, and the authority was created pursuant to a decision made by the Government of India to enable resolution of complaints of customers of banks relating to certain services rendered by the banks. The Banking Ombudsman Scheme was first introduced in India in 1995, and was revised in 2002. The current scheme became operative from 1 January 2006, and replaced and superseded the banking Ombudsman Scheme 2002. From 2002 until 2006, around 36,000 complaints have been dealt by the Banking Ombudsmen. In India, RBI started this scheme in 1995,Banking Ombdusmen have jurisdiction over 1) All commercial banks (scheduled and non scheduled, public and private) 2_Regional rural banks 3) scheduled primary co-operative banks 4) NBFCs (BO’s Jurisdiction limited to “loan” part.) 5) Banking Ombudsman is not a replacement of Consumer forum/courts. He merely supplements them. 6) Banking Ombudsman deals with matters less than or equal to Rs.10 lakhs.

Hi, The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services.

[1] Senior Officer [2] it is appointed by Reserve bank of india. [3] it was under the india's banking ombudsman scheme 2006 . [4] it redress the consumer against the deficiency in banking services.

Dear Shivanshi Singh Ji , As Far as your query is concerned with Who is a Banking Ombudsman . Let me informed shivanshi , that Banking Ombudsman Is : - [1] Senior Officer [2] it is appointed by Reserve bank of india. [3] it was under the india's banking ombudsman scheme 2006 . [4] it redress the consumer against the deficiency in banking services. Thanks With Best Regards Amit Goyal

Banking Ombudsman is a quasi judicial authority functioning under India's Banking Ombudsman Scheme 2006, and the authority was created pursuant to a decision made by the Government of India to enable resolution of complaints of customers of banks relating to certain services rendered by the banks.

Banking Ombudsman is a quasi judicial authority functioning under India’s Banking Ombudsman Scheme 2006, and the authority was created pursuant to a decision made by the Government of India to enable resolution of complaints of customers of banks relating to certain services rendered by the banks. The Banking Ombudsman Scheme was first introduced in India in 1995, and was revised in 2002. The current scheme became operative from 1 January 2006, and replaced and superseded the banking Ombudsman Scheme 2002. From 2002 until 2006, around 36,000 complaints have been dealt by the Banking Ombudsmen.

Hie Shivanshi, - The Banking Ombudsman is a **senior official appointed by the Reserve Bank of Indi**a to redress customer complaints against deficiency in certain banking services.

The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services.

Dear Friend, as far as your query is concerned that Who is a Banking Ombudsman? Let me informed that The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services. Hope answer was helpful to you Regards, Arjun Pratap Singh