‘To make settlement simpler’: RBI to simplify claims process for deceased customers’ nominees; banks launch re-KYC drive for Jan Dhan accounts
RBI Governor announced measures to simplify claim settlements for deceased customers’ accounts and lockers, alongside a re-KYC drive for PMJDY accounts via panchayat-level camps. The Retail Direct platform will now offer SIPs in treasury bills. Bank credit growth slowed to 12.1% in FY25, but total financial resource flow to the commercial sector increased.🕒 1 min read
RBI Governor announced measures to simplify claim settlements for deceased customers’ accounts and lockers, alongside a re-KYC drive for PMJDY accounts via panchayat-level camps. The Retail Direct platform will now offer SIPs in treasury bills. Bank credit growth slowed to 12.1% in FY25, but total financial resource flow to the commercial sector increased.
Continue Reading
-
US Sanctions More ICC Judges, Citing Tribunal’s Actions Against Israel
- Pakistan Terrorist Who Heads Lashkar Offshoot Named Pahalgam Attack Mastermind
- Watch: PSL team owner tears up legal notice, mocks PCB on camera
- Trump Authorises Troops To Chicago As Judge Blocks Deployment To Portland
-
“Gautam Gambhir Made R Ashwin Insecure”: India Coach Faces Fresh Allegations
-
“Will Hit Terrorists In Pak”: S Jaishankar To US Week Before Op Sindoor
-
‘Ready to talk’: Canadian PM says open to resuming US trade talks with Trump; Carney set to meet Xi
-
$1.3 trillion erased from Wall Street: Here’s what slowed down AI rally
- Opinion: Opinion | Pakistan Cricket And Lessons In How To Destroy A Sport, Completely
- Chinese Woman Gets Pregnant Three Times In 4 Years To Avoid 5-Year Jail Term