The RBI will implement the Reserve Bank-Integrated Ombudsman Scheme (RB-IOS) 2026 from 1 July 2026, offering a cost-effective grievance-redress mechanism with a Centralised Receipt and Processing Centre and compensation of up to Rs 30 lakh.
The RBI will implement the Reserve Bank-Integrated Ombudsman Scheme (RB-IOS) 2026 from 1 July 2026, offering a cost-effective grievance-redress mechanism with a Centralised Receipt and Processing Centre and compensation of up to Rs 30 lakh.