Bare ActsBanking Ombudsman Scheme, 2006

Section 15

Banks to display salient features of the scheme for common knowledge of public.-

Amendment status not verified — confirm the current text below against the official source.

(1) The banks covered by the Scheme shall ensure that the purpose of the Scheme and the name and address of the Banking Ombudsman to whom the complaints are to be made by the aggrieved party are displayed prominently in all the offices and branches of the bank in such manner that a person visiting the office or branch has adequate information of the Scheme. (2) The banks covered by the Scheme shall ensure that a copy of the Scheme is available with the designated officer of the bank for perusal in the office premises of the bank if anyone desires to do so and notice about the availability of the Scheme with such designated officer shall be displayed along with the notice under sub-clause (1) of this clause. (3) The banks covered by the Scheme shall appoint Nodal Officers at their Regiona1/Zonal Offices and inform the respective Office of the Banking Ombudsman under whose jurisdiction the Regiona1/Zonal Office falls. The Nodal Officer so appointed shall be responsible for representing the bank and furnishing information to the Banking Ombudsman in respect of complaints filed against the bank.

Section 15 – Banking Ombudsman Scheme, 2006 | DailyLaw.ai