Search Results for Tag : Ombud
News
RBI Says No Deadline for Resolving Complaints under Banking Ombudsman Scheme(23.12.2015)
Reserve Bank of India (RBI) has said that there is no time limit for resolution of complaints under Banking Ombudsman scheme, aimed at seeking redress.....
Tags : Reserve Bank of India, Ombudsman scheme
SC: Only Consumer Has Right to Make Representation Before Electricity Ombudsman(10.12.2021)
Supreme Court has observed that only Consumers and not Distribution Licensee have a right to make representation before the Electricity Ombudsman in a.....
Tags : Supreme Court, Right to Make Representation Before Electricity Ombudsman
Central Government Amends Insurance Ombudsman Rules, 2017(04.03.2021)
Central Government on 2nd March 2021 has notified comprehensive amendments to the Insurance Ombudsman Rules, 2017, with a view to improve the working .....
Tags : Central Government, Insurance Ombudsman
RBI Widens Scope of Ombudsman Scheme, Mobile And Electronic Banking Brought Under Purview(26.06.2017)
Reserve Bank of India has widened scope of its Banking Ombudsman Scheme 2006, to include inter alia deficiencies arising out of sale of insurance/ mut.....
Tags : Reserve Bank of India, Banking Ombudsman Scheme 2006
Ker. HC: No Power on Insurance Ombudsman to Dictate Terms of Insurance Policy Renewal(03.07.2024)
Ker HC has held that nowhere in Insurance Ombudsman Rules, 2017 it is stated that Insurance Ombudsman has power to issue directions to insurer to issu.....
Tags : Kerala High Court, Insurance Ombudsman Rules, Insurance Policy Renewal
Top Story
Central Government amends Insurance Ombudsman Rules for better resolution of complaints(03.03.2021)
In order to improve the working of the Insurance Ombudsman mechanism and to facilitate resolution of complaints, the Government notified amendments to.....
Tags : Complaint, Ombudsman Rules, Amendment
International Cases
It is necessary to establish true nature of investments complained about before any final conclusions are reached, including questions related to compensation(30.04.2021)
The central issue in present matter is whether the Ombud for Financial Services (the Ombud), established in terms of Section 20 of the Financial Advis.....
Tags : Ombud, Financial Services, Compensation
Notifications & Circulars
Reserve Bank of India releases Annual Report of the Banking Ombudsman Scheme 2006(24.04.2019)
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2017-18.
Highlights
The 2.....
Tags : Annual Report, Release, Ombudsman Scheme
Designated Nodal Officers for Ombudsman Offices(15.10.2020)
1. The Institution of Insurance Ombudsman plays a vital role in providing resolution in timely and cost effective manner. Insurers need to have a grea.....
Tags : Nodal Officers, Ombudsman Offices
RBI opens the Office of the Banking Ombudsman at Raipur(17.04.2017)
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the B.....
Tags : Ombudsman, Opening, Raipur
RBI releases annual report of Ombudsman Schemes, 2020-2021(12.01.2022)
The Reserve Bank of India (RBI) released the Annual Report of the Ombudsman Schemes for the year 2020-21 today, which has been prepared for the nine-m.....
Tags : Annual report, Ombudsman Schemes, Release
RBI releases Annual Report of Ombudsman Schemes, 2021-22(04.01.2023)
The Reserve Bank of India (RBI) released the Annual Report of the Ombudsman Schemes for the period April 01, 2021 - March 31, 2022 today. With the yea.....
Tags : Annual Report, Ombudsman Schemes, Release
RBI organises Annual Conference of the RBI Ombudsmen(19.03.2024)
The Reserve Bank of India organised the Annual Conference of RBI Ombudsmen, on March 15, 2024 in Mumbai. The theme of the conference was "Protecting t.....
Tags : Annual Conference, Ombudsmen
Appointment of Internal Ombudsman by the Credit Information Companies(06.10.2022)
1. Please refer to paragraph 2 of the Statement on Developmental and Regulatory Policies dated August 5, 2022, wherein the decision to bring Credit In.....
Tags : Appointment, Internal Ombudsman, Companies
RBI convenes Conference of Internal Ombudsmen of select Regulated Entities(18.01.2024)
As part of the Reserve Bank's continuing engagement with regulated entities, the second Conference of Internal Ombudsmen on the theme "Orchestrating C.....
Tags : Conference, Internal Ombudsmen, Regulated Entities
RBI opens second Office of the Banking Ombudsman at New Delhi(01.11.2016)
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the present Office of the B.....
Tags : Office, Opening, Ombudsman
Annual Conference of Banking Ombudsmen 2017 - July 25, 2017(31.07.2017)
The Annual Conference of Banking Ombudsmen was held at Mumbai on July 25, 2017. Shri S S Mundra, Deputy Governor, Reserve Bank of India (RBI) inaugura.....
Tags : Conference, Banking, Ombudsmen
RBI releases Annual Report of the Banking Ombudsman Scheme(26.11.2015)
The Reserve Bank of India released the Annual Report of the Banking Ombudsman Scheme 2006: 2014-2015. Some highlights include receipt of 85,131 compla.....
Tags : Rbi, ombudsman, complaints, 2015