Reserve Bank of India (RBI) has set up a working committee to find ways for strengthening the banking ombudsman scheme in the country, according to M Sebastian, the apex bank’s Chief General Manager and Banking Ombudsman for Andhra Pradesh. “The committee headed by RBI’s Chief General Manager for Customer Services, which will have its first meeting on Friday at Mumbai, will deliberate the ways and means to empower banking ombudsman system. The committee will submit its recommendations in six months,” Sebastian, also a member of the committee, told media here on Thursday...........
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