Dr. Y.B.Reddy, Governor Reserve Bank of India, in his Monetary Policy (April 2005) announced setting up of the Banking Codes and Standards Borad of India in order to ensure that comprehensive code of conduct for fair treatment of customers was evolved adn adhered to.
The Banking Codes and Standards Board of India has been registered as a separate society under the Societies Registration Act,1860.This makes it an independent and autonomous body.
The Banking Codes and Standards Boards of India is not a department of RBI. It is an Independent banking industry watch dog to ensure that the consumer of banking services get what they are promised by the Bank.
Our Bank has also taken the membership of BCSBI and for detail information please click the following link:
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