Video KYC, any branch update now allowed for dormant bank accounts
In a customer-friendly shift, the RBI has also allowed the use of Video-based Customer Identification Process (V-CIP) for such updates.
In a customer-friendly shift, the RBI has also allowed the use of Video-based Customer Identification Process (V-CIP) for such updates.
The action came after a complaint last year and a case was registered under section 420 (cheating) of IPC at police station crime branch from a woman who reported unauthorized deduction of Rs 69,953/- from her bank account.
The Reserve Bank of India on Tuesday said minors of any age can open and operate savings and term deposit accounts through his/her natural or legal guardian.
The Statistics and Programme Implementation Ministry (MoSPI) released the 26th edition of its publication titled Women and Men in India 2024: Selected Indicators and Data on Sunday.
Maharashtra Chief Minister Fadnavis announced at a press conference in Nagpur on Tuesday that the December 2024 installment of the Laadki Bahin Yojana is being deposited into the bank accounts of women.
A case was registered on the allegation of fraudulent availing of loan to the tune of Rs 5 crores on the basis of forged documents
"Accounts of some officials from the previous government, most of whom fled the country, have been closed," Samangani was quoted as saying
The attacks on human rights organizations, activists and human rights defenders are only an extension of the various repressive policies and sustained assault by the government on those who speak truth to power, it said.
The Cabinet on Monday approved amending the existing laws to provide legal backing for seeding of biometric ID Aadhaar with mobile numbers and bank accounts as an optional KYC.
The agency has also attached five overseas bank accounts belonging to Nirav Modi having a balance of total Rs 278 Crore.
