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New Delhi: The Reserve Bank of India (RBI) has introduced draft rules aimed at simplifying and speeding up the settlement of ...
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RBI Proposes New Rules For Faster Settlement Of Claims On Accounts, lockers Of Deceased Customers
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 invited public feedback on it by August 27.
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ET Now on MSNRelief for bereaved families: RBI proposes faster, simpler bank claim settlements; delay penalty, timeline - DETAILS
The RBI is planning to standardise forms to process claims on deceased customers' bank accounts and lockers within a 15-day ...
The RBI plans to standardise forms to process claims on deceased customers' bank accounts and lockers within a 15-day ...
The Reserve Bank of India has proposed standardised claim settlement forms to streamline and simplify procedures for banks ...
The RBI has proposed standardised forms and uniform procedures for settling claims related to deceased customers’ accounts and lockers within 15 days, including compensation for delays, to streamline ...
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