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The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services. The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating to certain services rendered by banks. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995.
The Shareholding of state government in respect of RRB’s is
What is “Non-Interest Income” of banks?
.............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers ...
The Cheque Truncation System (CTS) in India is first introduced in the year?
What is the minimum amount required to get open a Savings Account in Post Office?
Fiscal Policy in India is formulated by whom?
What are Basel III accords?
I. Enhanced minimum capital & liquidity
II. Enhance risk discloser & market discipline
III. Repu...
Varada Grameen Bank is the Rural Bank named after a __________________ ?
What is the full form of the term LIBOR as used in financial/banking sector?
Which of the following is true about Cash Credit (Bank Loan)?
I. Cash credit is an arrangement whereby the bank allows the borrower to draw amoun...