Search result for 'account nomination'

Banks now allow up to 4 nominees per account from Nov 1. New rules simplify claim settlement. Learn about the Banking Laws Amendment Act, 2025.

The Reserve Bank of India has directed banks to ensure nominations for all deposit accounts and safety lockers, highlighting a large number of accounts without nominations. The move aims to...

India's Financial Services Secretary urges private banks to step up their participation in financial inclusion schemes, citing lower involvement compared to public sector banks. He emphasizes the...