A proposal has been mooted to bring in co-operative urban banks under the purview of Banking Ombudsman in view of their key role in banking activity in many states. The proposal had been mooted by an internal committee of RBI and a final decision would be taken after eliciting views of the state governments, A Madasamy, Banking Ombudsman for Kerala and Lakshadweep, told reporters here today. Madasamy said though there was a strong opinion in favour of the proposal state governments' views were important in the matter since co-operatives come under them....................
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