unclaimed deposits Archives - Banking Finance - News, Articles, Statistics, Banking Exams, Banking Magazine

Banking Finance Year 2025 Banking News January 2025

Lok Sabha Passes Bill Allowing Up to Four Bank Account Nominees

January 16, 2025January 16, 2025 admin 0 Comments banking governance, banking laws amendment, banking sector efficiency, consumer protection., customer convenience, financial legislation, Indian banking reforms, multi-state cooperatives, nominee provision, statutory reports, streamlined audits, unclaimed deposits

The Lok Sabha has passed the Banking Laws (Amendment) Bill, 2024, enabling bank account holders to nominate up to four

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Banking Finance Year 2025 January 2025

RBI tackles unclaimed deposits

January 15, 2025January 15, 2025 admin 0 Comments 100 days 100 pays, account reactivation, banking guidelines, banking laws amendment, banking reforms, DEA Fund, deposit reclamation, depositor awareness, Financial Inclusion, frozen accounts, inoperative accounts, KYC updates, nominee rules, public sector banks, rbi, UDGAM Portal, unclaimed deposits

The Reserve Bank of India is actively working to resolve the issue of unclaimed deposits to safeguard the interests of

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scrapped notes

Unclaimed deposits with banks rise by 28%

January 10, 2024 admin 0 Comments banks, Parliament, RBI's Depositor, unclaimed deposits

There has been a 28 per cent annual increase in unclaimed deposits with the banks to Rs 42,270 crore as

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3-4 months until unclaimed deposits portal is ready

May 13, 2023 admin 0 Comments centralised portal, public sector banks, unclaimed deposits, unclaimed deposits portal

Reserve Bank of India said a centralised portal would be ready in three to four months wherein depositors and beneficiaries

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