Banking Ombudsman Scheme: An Analysis (Record no. 513801)

000 -LEADER
fixed length control field 01693nam a22002057a 4500
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Prakash, Ved
245 ## - TITLE STATEMENT
Title Banking Ombudsman Scheme: An Analysis
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Bihar Journal of Public Administration
300 ## - PHYSICAL DESCRIPTION
Extent 16(2), July-Dec. 2019. p. 157-168
520 ## - SUMMARY, ETC.
Summary, etc The Banking Ombudsman Scheme developed in response to two trends – the need for an alternative to legal action for customers seeking redressal against Banks and an increasing policy guidelines by the Reserve Bank of India on self-regulation. Alternative Dispute Resolution (ADR) mechanisms formed the basis of the model because of a growing recognition that ADR processes had the potential to limit
costs, preserve relationships and offer more flexibility than formal, adversarial court processes. At the same time, this does not preclude customers from accessing courts and this is voluntary for the customer. The Scheme is designed so that parties need not be legally represented. The processes of the Scheme are inquisitorial and informal and so a party is not required to articulate a dispute in the form of pleadings or refer to the relevant law. The fifth revision of the scheme was done in the year 2017 to make it more effective. The present study is an attempt to analyse the performance of the scheme from 2015-2018. _ Reproduced
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Banking Ombudsman - India
9 (RLIN) 17441
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Customer - India
9 (RLIN) 17442
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Complaints - India
9 (RLIN) 17443
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Reserve Bank of India
9 (RLIN) 17444
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Redressal - India
9 (RLIN) 17445
773 ## - HOST ITEM ENTRY
Main entry heading Bihar Journal of Public Administration
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP OMBUDSPERSONS - INDIA
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2020-09-01 16(2), July-Dec. 2019. p. 157-168 AR122896 2020-09-01 Articles

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