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RBI Extends Integrated Ombudsman Scheme to SCBs/DCCBs for Enhanced Customer Protection
Summary by hindudayashankar.com
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RBI Extends Integrated Ombudsman Scheme to SCBs/DCCBs for Enhanced Customer Protection
NEW DELHI, OCTOBER 08, 2025: The Reserve Bank of India (RBI) has announced the inclusion of State Cooperative Banks and Central Cooperative Banks under the ambit of the Reserve Bank – Integrated Ombudsman Scheme, 2021 (RB-IOS, 2021). The directive will come into effect from November 1, 2025, marking a major step towards ensuring uniform customer grievance redressal across the country’s entire banking ecosystem. Issued under the powers conferred…
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