RBI proposes 15-day deadline for claim settlement, know what it means for bank customers
Monday, 11 August 2025 () The Reserve Bank of India (RBI) has proposed new rules to make it easier and faster to settle claims on the bank accounts and lockers of customers who have passed away. The central bank has issued a draft circular, "Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025", and...
In a night of devastation, Israeli forces demolished homes, flattened shops, and arrested over 10 Palestinians in sweeping West Bank raids. The IDF razed buildings in Dar Salah, exploded the Hebron..
The Reserve Bank of India (RBI) has proposed standardised forms and a uniform process for settling claims related to deceased customers' bank accounts, lockers,... IndiaTimes
RBI Governor announced measures to simplify claim settlements for deceased customers' accounts and lockers, alongside a re-KYC drive for PMJDY accounts via... IndiaTimes Also reported by •Zee News