A bank account is classified as inoperative when there are no customer-initiated transactions for over two years ...

The RBI has recommended that banks explore ways to enable seamless KYC updates through mobile or internet banking, non-home ...

The Reserve Bank of India (RBI) recently conducted a review, which found that the number of inoperative accounts/unclaimed ...

Certain 2024 model year Jeep Wrangler sport utility vehicles have been recalled over being produced with the incorrect dash ...

RBI analysis says number of "inoperative accounts or unclaimed deposits" in several banks was on higher side as compared to ...

MUMBAI: The Reserve Bank has prodded bankers to resolve the mounting issue of inoperative accounts and the huge amount of ...

RBI instructs banks to reduce inoperative accounts, streamline KYC process, and facilitate Aadhaar updation for customers.

Issuing a notification, the RBI asked all banks to take necessary steps urgently to bring down the number of ...

The RBI has directed banks to reduce inoperative accounts urgently, citing concerns about rising unclaimed deposits. Banks ...

This includes enabling seamless Know Your Customer (KYC) updates through mobile or internet banking, non-home branches, video ...