BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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all scheduled commercial banks excluding RRBs
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all scheduled commercial banks including RRBs
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only public sector banks
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all banking companies
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Detailed explanation-1: -The Reserve Bank of India, hereby directs that all commercial banks, regional rural banks and scheduled primary co-operative banks shall comply with the Banking Ombudsman Scheme, 2006 as amended hereby.
Detailed explanation-2: -All Scheduled commercial banks, Regional Rural Banks, and Scheduled Primary Co-Operative banks are covered under the Banking Ombudsman scheme.
Detailed explanation-3: -All the Regional Rural Banks, Scheduled Commercial Banks, and Scheduled Primary Co-Operative Banks are covered under the Banking Ombudsman Scheme.
Detailed explanation-4: -The BOS was notified by RBI in 1995 under Section 35A of the Banking Regulation Act, 1949. As on date, Scheduled Commercial Banks (SCBs), Scheduled Primary Urban Co-operative Banks (UCBs), Regional Rural Banks (RRBs), Small Finance Banks (SFBs) and Payment Banks (PBs) are covered under the Scheme.