Tag: Banking Laws Amendment Bill

**EDS: VIDEO GRAB VIA SANSAD TV** New Delhi: Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Winter session of Parliament, in New Delhi, Tuesday, Dec. 3, 2024. (PTI Photo) (PTI12_03_2024_000314B) (PTI)
Posted in Business

Lok Sabha passes Banking Laws (Amendment) Bill, allows 4 nominees in bank accounts

NEW DELHI: The Lok Sabha on Tuesday passed amendments to the banking laws permitting account holders to propose up to four nominees either successively or…

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Banking Laws (Amendment) Bill to strengthen governance, enhance customer convenience: Nirmala Sitharaman
Posted in Economy

Banking Laws (Amendment) Bill to strengthen governance, enhance customer convenience: Nirmala Sitharaman

The changes proposed through the Banking Laws (Amendment) Bill, 2024, will strengthen governance in the sector and enhance customer convenience, Finance Minister Nirmala Sitharaman said…

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The Banking Regulation Act currently allows just one nominee for every single or joint deposit holders (Representational Image/Pixabay)
Posted in Business

Newly proposed nomination rule for bank lockers and deposits, check details

Finance Minister Nirmala Sitharaman has introduced the Banking Laws (Amendment) Bill, 2024, which includes a new proposal, allowing an increase in the allowed number of…

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