#indianbanks
Pravasi Sampark NRI meet highlights Bank of India’s global banking focus
Bank of India’s Mumbai North Zone recently organised an NRI Meet titled “Pravasi Sampark” as part of its ongoing efforts to deepen engagement with Non-Resident Indian customers and better understand their evolving banking, investment, and remittance requirements. The initiative reflects the bank’s focus on strengthening long-term relationships with the global Indian diaspora by offering customer-centric and technology-driven financial solutions. The event was attended by sen
Pravasi Sampark NRI meet highlights Bank of India’s global banking focus
Bank of India’s Mumbai North Zone recently organised an NRI Meet titled “Pravasi Sampark” as part of its ongoing efforts to deepen engagement with Non-Resident Indian customers and better understand their evolving banking, investment, and remittance requirements. The initiative reflects the bank’s focus on strengthening long-term relationships with the global Indian diaspora by offering customer-centric and technology-driven financial solutions. The event was attended by sen
RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays
The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom
RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays
The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom
New Rules for India: From Train Bookings to Credit Card Charges Starting November 1
Starting November 1, 2024, several important updates across various sectors will impact daily life in India. These include changes in LPG cylinder prices, adjustments to SBI and ICICI Bank credit card fees, new money transfer rules from the RBI, a revised booking window for train tickets, and enhanced message traceability in telecom. Staying updated with these changes is crucial for financial planning and regulatory compliance. Here’s an overview of the most significant update
New Rules for India: From Train Bookings to Credit Card Charges Starting November 1
Starting November 1, 2024, several important updates across various sectors will impact daily life in India. These include changes in LPG cylinder prices, adjustments to SBI and ICICI Bank credit card fees, new money transfer rules from the RBI, a revised booking window for train tickets, and enhanced message traceability in telecom. Staying updated with these changes is crucial for financial planning and regulatory compliance. Here’s an overview of the most significant update









