What is the Reserve Bank – Integrated Ombudsman Scheme, 2026 (RB-IOS, 2026)?

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Direct Answer
The Reserve Bank – Integrated Ombudsman Scheme, 2026 (RB-IOS, 2026) is a centralized, non-adversarial grievance redressal framework replacing the 2021 version to resolve customer complaints against Scheduled Commercial Banks, RRBs, and Co-operative Banks
Key Implementation Timeline:

Scheme Version Effective Date Governing Authority
RB-IOS 2021 Superseded Reserve Bank of India
RB-IOS 2026 July 1, 2026 Reserve Bank of India (CRPC Chandigarh)