RBI releases Annual Report of Ombudsman Schemes, 2020-21

The Reserve Bank of India (RBI) has released the Annual Report of the Ombudsman Schemes for the year 2020-21 for nine months (July 1, 2020- March 31, 2021). As per the report, the volume of complaints received was increased by 22.27 % on an annualized basis, BOS accounted for the major increase. The overall disposal rate improved from 92.52 per cent to 96.59 per cent, despite the higher volume of complaints received.The Reserve Bank of India (RBI) has released the Annual Report of the Ombudsman Schemes for the year 2020-21 for nine months (July 1, 2020- March 31, 2021). As per the report, the volume of complaints received was increased by 22.27 % on an annualized basis, BOS accounted for the major increase. The overall disposal rate improved from 92.52 per cent to 96.59 per cent, despite the higher volume of complaints received.taxmann.com Latest Statutory HappeningsRead More

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