Wed, Dec 04, 2024
Directing commercial banks to work towards bringing down the number of inoperative, frozen or dormant accounts urgently, the RBI also asked them to report such data on a quarterly basis.
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Wed, Dec 21, 2022
Bank locker rules: Customers are receiving alerts and messages from banks like Punjab National Bank (PNB) regarding the locker agreement.
Tue, Aug 02, 2016
To tighten the rules further, RBI said that corporates cannot hold more than 10% in a new bank. This means that even though mega corporate houses in India cannot own a bank, they can still find solace by owning one-tenth of it.
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