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18 Offices of Banking Ombudsmen situated across India, receive complaints with regard to Loans and Advances

News and Press Release - Dated:- 1-4-2017 - Banks are committed that they will communicate in writing, the reason(s) for rejection of loan application to applicant Reserve Bank of India (RBI) has informed that . In terms of Code of Bank s Commitment .....

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provisions of the fair practice code for lenders and Code of Bank s Commitment to customer issued by BCSBI and adopted by the bank is a valid ground of complaint under Banking Ombudsman Scheme. Further, RBI has informed that the management of loan s .....

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