The new measures, enabling multiple nominees, will help in faster settlement and clear asset-sharing mechanisms ...

RBI's 2025 Directions mandate banks to offer nomination for deposits/lockers, aligning with new laws. Customers must be informed; non-nomination requires a ...

The Central Government, through the Ministry of Finance, has issued a notification stating that few key provisions of the ...

The latest announcement is out from Icici Bank ( (IBN) ).

From November 1, depositors can nominate up to four people for accounts and lockers, making claims easier and succession of ...

Ministry of Finance has issued new rules enabling bank account holders to nominate up to four individuals, either successively or simultaneously, for deposits, lockers, and safe custody articles ...

The Ministry of Finance has confirmed that the key nomination-related provisions under the Banking Laws (Amendment) Act, 2025 ...

The move aims to ensure greater uniformity, transparency and efficiency in claim settlements across the banking system, the ...

Emirates NBD Bank's ambitious $3 billion bid to acquire a 60 percent stake in RBL Bank through a preferential share issuance ...

The Key Provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from 1st November 2025. The Banking Laws (Amendment) Act, 2025 was notified on 15th ...

Individuals maintaining deposits, articles in safe custody, or lockers may specify up to four nominees, where the next ...

Beginning November 1, bank customers can name up to four nominees for their accounts or lockers as the key provisions ...