Unlocking ₹1 L cr unclaimed bank deposit coffer
The New Indian Express Kollam|December 09, 2024
New Banking Act along with recent RBI circular may make it easier for depositors to claim money stuck with banks
BENN KOCHUVEEDAN @Mumbai
Unlocking ₹1 L cr unclaimed bank deposit coffer

THE Lok Sabha last week passed a slew of amendments to the banking laws, by bringing in as many as 19 amendments to the existing pieces of legislation governing the banking system, including that of the RBI Act. But of the 19 changes introduced, just two of them go a long way in the real service of the common man—those dealing with the inoperative accounts and the unclaimed deposits in banks which together add up to more than a ₹1 lakh crore, and those governing the nomination facilities at banks.

Diese Geschichte stammt aus der December 09, 2024-Ausgabe von The New Indian Express Kollam.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 09, 2024-Ausgabe von The New Indian Express Kollam.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE NEW INDIAN EXPRESS KOLLAMAlle anzeigen
The New Indian Express Kollam

Do early screening to prevent vision loss due to diabetes

India, which is seeing a surge in diabetes cases, is also witnessing a rise in diabetic retinopathy, a condition that damages the retina due to high sugar levels. According to Dr MJ Barman, vitreo-retina and ocular oncology service, ASG Eyecare, Paltanbazaar, Guwahati, awareness about the condition remains low in India. He tells Kavita Bajeli-Datt that the need of the hour is to conduct regular check-ups and educate people about newer treatments that can help reduce the disease burden. Edited excerpts:

time-read
2 Minuten  |
December 24, 2024
The New Indian Express Kollam

Beau is not afraid of Test challenges

IMAGINE being Beau Webster. You had just helped Tasmania beat New South Wales at the Sydney Cricket Ground in the Sheffield Shield game around late November. A 61 and 49 with the bat while taking five wickets across two innings. You get called up as cover for Mitchell Marsh ahead of the pink ball Test against India.

time-read
3 Minuten  |
December 24, 2024
The New Indian Express Kollam

GREEN CORNER IN BOXING DAY BOUT

MCG curator says grass on the surface should excite pacers

time-read
4 Minuten  |
December 24, 2024
The New Indian Express Kollam

Scrap dealer's son Sairaj claims gold

SAIRAJ Pardeshi was pretty clear what he had to become when he was only eight.

time-read
2 Minuten  |
December 24, 2024
The New Indian Express Kollam

Naveen & Lokesh one hit away from national glory

IT was a mixed outing for shuttlers from Tamil Nadu in the ongoing Senior National Badminton Championships in Bengaluru on Monday.

time-read
1 min  |
December 24, 2024
The New Indian Express Kollam

Hyderabad FC squander 2-goal lead to suffer loss

HYDERABAD FC have endured a difficult run in the ongoing Indian Super League so far. And things turned from bad to worse on Monday.

time-read
1 min  |
December 24, 2024
The New Indian Express Kollam

Adani Defence acquires 85.8% in Air Works

ADANI DEFENCE Systems & Technologies Ltd. (ADSTL) is acquiring 85.8% shareholding in Air Works (AWIEPL), India's largest private sector MRO company with the largest pan-India footprint, said the Adani Group company on Monday.

time-read
1 min  |
December 24, 2024
The New Indian Express Kollam

Razorpay grants employees ₹1L ESOPs to mark 10-yr of operation

FINTECH major Razorpay is awarding employee stock option plans (ESOPs) worth ₹1 lakh to all its current employees as part of its 10 years celebration.

time-read
1 min  |
December 24, 2024
The New Indian Express Kollam

Honda-Nissan to be 3rd-largest carmaker

JAPANESE auto giants Honda and Nissan have announced plans to merge operations, creating the world's third-largest automaker by sales, trailing only Toyota and Volkswagen.

time-read
1 min  |
December 24, 2024
The New Indian Express Kollam

Women represent 20% of crypto exchange CoinDCX's high networth customers

WITH the increasing adoption of cryptocurrency, women are now representing 20% of crypto exchange CoinDCX's HNI (high net-worth individual) customers.

time-read
1 min  |
December 24, 2024