MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release:

The Reserve Bank has released today the draft Reserve Bank - Ombudsman Scheme, 2025 (Scheme).

2. The Reserve Bank - Integrated Ombudsman Scheme (RB-IOS), 2021 launched on November 12, 2021, provides customers of Regulated Entities (REs) a speedy, cost-effective and expeditious alternate grievance redress mechanism. Based on the operational experience, stakeholder feedback, and global best practices, the Reserve Bank has undertaken a comprehensive review of the Scheme.

3. The comments on the draft Scheme are invited from public/stakeholders till October 28, 2025. The comments/ feedback may be submitted through the link under the 'Connect 2 Regulate' Section available on the Reserve Bank's website or by email or may alternatively be forwarded to:

The Chief General Manager

Consumer Education and Protection Department, Central Office

Reserve Bank of India

1st Floor, Amar Building

Fort, Mumbai - 400 001

(Brij Raj)

Chief General Manager

Press Release: 2025-2026/1258

Disclaimer: Curated by HT Syndication.