Bank account deactivating: The rules for deactivating a bank account may change soon, Know what recommendations SBI has given

SBI: India’s largest public sector bank State Bank of India (SBI) has sent recommendations to the Reserve Bank of India (RBI), appealing for changes in the existing rules for declaring bank accounts as inactive. SBI has proposed that instead of only financial transactions, non-financial activities like balance checks should also be considered sufficient to keep … Continue reading Bank account deactivating: The rules for deactivating a bank account may change soon, Know what recommendations SBI has given