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Presently the Banking Ombudsman Scheme 2006 (As amended up to 1 July 2017) is in operation. [1] From 2002 until 2006, around 36,000 complaints have been dealt by the Banking Ombudsmen. There are 22 regional offices of Banking Ombudsmen in India. The latest offices are opened in Jammu, Raipur, Mumbai-II & New Delhi-III. [citation needed]
Reserve Bank of India, abbreviated as RBI, is the central bank of India, and regulatory body responsible for regulation of the Indian banking system and Indian currency. Owned by the Ministry of Finance , Government of India , it is responsible for the control, issue, and maintenance of the supply of the Indian rupee.
www.dol.gov /agencies /owcp The Office of Workers' Compensation Programs administers four major disability compensation programs which provide wage replacement benefits, medical treatment, vocational rehabilitation and other benefits to certain workers or their dependents who experience work-related injury or occupational disease.
MP for Outer Delhi: 1 July 2002 22 May 2004 1 year, 326 days: Bharatiya Janata Party: Minister of Labour and Employment 29 Sis Ram Ola (1927–2013) MP for Jhunjhunu: 23 May 2004 27 November 2004 188 days: Indian National Congress: Manmohan I: Manmohan Singh: 30 K. Chandrashekar Rao (born 1954) MP for Karimnagar: 27 November 2004 24 August 2006 ...
Committee on Medium-term Path on Financial Inclusion was an experts committee formed by the Reserve Bank of India (RBI) on 15 July 2015 to create a five-year plan for financial inclusion in India. It was headed by Deepak Mohanty , executive director of RBI.
RBI – Reserve Bank of India. 1.2 2. SEBI – Securities and Exchange Board of India. 1.3 3. IRDAI – Insurance Regulatory and Development Authority of India. 1.4 4 ...
The majority of the bank's board of directors should consist of independent directors, appointed according to RBI guidelines. [15] The bank should be fully networked from the beginning. The bank can accept utility bills. It cannot form subsidiaries to undertake non-banking activities. Initially, the deposits will be capped at ₹100,000 per ...
The Banking Regulation Act, 1949 is a legislation in India that regulates all banking companies in India. [1] Passed as the Banking Companies Act 1949, it came into force on 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966. It is applicable in Jammu and Kashmir from 1956.