As I have already hinted, however, monetary policy is effective only to the extent that Federal Reserve actions can affect a wide range of interest rates and asset prices. What is the link between the funds rate and these key financial variables? The interest rates most closely linked to the funds rate are those prevailing in short-term money markets.
Banking Ombudsman Scheme The Reserve Bank had introduced the Banking Ombudsman Scheme for the first time way back in 1995 to provide an expeditious and inexpensive forum to bank customers for resolution of their complaints relating to banking services.