RBI Directs Banks With Over 10 Branches To Have An Internal Ombudsman
The Reserve Bank of India (RBI) logo is displayed on a gate outside the central bank’s headquarters in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

RBI Directs Banks With Over 10 Branches To Have An Internal Ombudsman

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The Reserve Bank of India today asked all scheduled commercial banks with more than 10 branches to appoint an internal ombudsman. The apex bank has excluded regional rural banks from its directive.
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