# RBI Deputy Governor Calls for Fair Customer Complaint Resolution

India's central bank official demands efficiency and fairness in grievance redressal from internal ombudsmen.

- **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48)
- **Published:** 2026-07-13
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://economictimes.indiatimes.com/markets/stocks/news/rbi-deputy-guv-pushes-for-meaningful-fair-grievance-redressal/articleshow/132378505.cms>
- **On Brifing:** https://brifing.si/s/aa6c39eb-6f9c-45af-b969-8e87b508da06

## Role of Ombudsmen

Reserve Bank of India (RBI) Deputy Governor Swaminathan J emphasized that internal ombudsmen must resolve customer complaints fairly and effectively. In his keynote at the annual conference, he highlighted the importance of identifying recurring issues and conducting root cause analysis.

## Participants

The conference saw participation from representatives of banks, non-banking financial companies (NBFCs), credit information companies (CICs), and other regulated entities. Managing directors, executives, and CEOs in charge of customer service also attended the event.

## Recurring Issues

Swaminathan urged ombudsmen to identify frequently encountered complaints and analyze their root causes. This aims to produce lasting solutions and enhance customer satisfaction.

## Remedial Measures

The RBI Deputy Governor called on ombudsmen not only to resolve complaints but also to recommend and assist in implementing remedial measures. This is seen as a critical step to improve the service quality of financial institutions.

## Regulation and Compliance

The conference also addressed the compliance processes of regulated entities and the effective implementation of regulations. RBI officials expect ombudsmen to play an active role in these processes.

## Conclusion and Implications

Swaminathan's call is a significant step towards fairer and more effective resolution of customer complaints in the financial sector. The role of ombudsmen in this process could enhance the overall trustworthiness of the industry.

## Sources covering this story

- https://economictimes.indiatimes.com/markets/stocks/news/rbi-deputy-guv-pushes-for-meaningful-fair-grievance-redressal/articleshow/132378505.cms — 

---

_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
