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Banking Ombudsman Scheme, 2006
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What is the purpose of the Banking Ombudsman Scheme, 2006?
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A
To provide a speedy and inexpensive forum for resolving complaints against banks.
💡 Explanation:
The Banking Ombudsman Scheme, 2006 was introduced to provide a speedy and inexpensive forum for resolving complaints against banks. It is an independent and impartial quasi-judicial body that investigates and resolves complaints against banks.