New bank account nomination rules 2025: Has RBI made it mandatory? Check what the latest rule says
In a move aimed at improving transparency and ease of fund transfers after a depositorโs death, the Reserve Bank of India (RBI) has notified the Banking Companies (Nomination) Rules, 2025 and Banking Laws (Amendment) Act, 2025. The new rules, effective November 1, 2025, make it […]
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