Wednesday, March 14, 2012

Making the banking ombudsman more responsive to customers

......the general feeling is that the ombudsman scheme started by RBI in 1995 has been one of the better managed grievance redressal mechanisms presently operating in our country. But if you analyze the report carefully, you are in for a major surprise. Out of 71,274 complaints received by the ombudsmen during the year 2010-11, 50,474 complaints (i.e. 71%) were rejected by the ombudsmen for various reasons..........

Read.............

No comments: