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When was the RBI Ombudsman Scheme Annual Report, 2020-21 released?
A)
14th Jan 2022
B)
13th Jan 2022
C)
12th Jan 2022
D)
11th Jan 2022

Correct Answer : Option (C) - 12th Jan 2022



The Reserve Bank of India (RBI) released the Annual Report of the Ombudsman Schemes for the year 2020-21 today(12th Jan 2022), which has been prepared for the nine-month period, i.e., July 1, 2020 to March 31, 2021, in alignment with the change in the Financial Year of RBI from ‘July – June’ to ‘April – March' with effect from July 1, 2020. The Annual Report covers the activities under the Banking Ombudsman Scheme, 2006 (BOS), the Ombudsman Scheme for Non-Banking Financial Companies, 2018 (OSNBFC) and the Ombudsman Scheme for Digital Transactions, 2019 (OSDT), major developments and the way forward in the area of consumer protection.

Published On : January 17, 2022
Category : Banking
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