<h1>RBI mandates banks to release securities within 15 days post-loan repayment; delays can be reported to Ombudsman.</h1> The Reserve Bank of India mandates that banks release all securities upon loan repayment, as per the Banking Codes and Standards Board of India's Code. Banks must return securities, documents, and title deeds within 15 days after dues are settled, compensating for any delays. Since February 3, 2009, violations of these guidelines are grounds for complaints under the Banking Ombudsman Scheme 2006. Unsatisfied borrowers can approach the Banking Ombudsman. The RBI's Department of Banking Supervision reviews compliance during inspections, and the Indian Banks Association has been notified for further action. This was reported by the Minister of State for Finance in the Lok Sabha.