The focus of attention is on basic banking services provided to the common persons and the need for ensuring effective customer grievance redressal as also fair practice code. A Banking Ombudsman facility has been established covering all States and Union Territories for redressal of grievances against deficient banking services.
This is the current European response to a question which is not just European, but global, with the rapid integration of global finance and the global economy. Zeit: The scepticism felt by many people also has to do with their fear of inflation, which recently has risen sharply. Are we now paying the price for the crisis policy?