From November 1, depositors can nominate up to four people for accounts and lockers, making claims easier and succession of ...
Act, 2025, which was notified on April 15, 2025, and introduces 19 amendments across key financial legislations, including ...
The new rules provide depositors the flexibility to make nominations as per their preference and allow multiple nominations - ...
The government has approved amendments to the Deposit Protection Act, proposing an increase in the protection limit for bank ...
The government has announced that the key provisions related to nomination under the Banking Laws (Amendment) Act, 2025, will ...
The new provisions aim to make the nomination process simpler, transparent, and uniform across all banks, ensuring faster claim settlement and better protection for depositors and their families.
Individual depositors of five troubled shariah-based banks set to merge will receive their repayments within six months to a ...
Depositors urge State government intervention to recover nearly ₹700 crore lost to MHPFNL fraud and expedite investigations.