The Supreme Court on Monday rejected the State Bank of India's appeal, upholding the Telangana High Court's order and ruled that it is reasonably practicable for the lender banks to provide an ...

At a time when Indian courts are overburdened with cases, it might seem irresponsible to ask for a ruling to be reviewed. Yet, it is sometimes necessary. As reported this week, a few large banks have ...

Under the new guidelines, RBI said banks shall undertake at least an annual review in respect of accounts where there is no customer induced transactions for more than a year.(Mint) The Reserve Bank ...

Here is a short write-up on how bank accounts become inactive and dormant and how to deal with the consequences, according to www.financialexpress.com. Why bank accounts become inactive/dormant? If ...

Swaminathan also acknowledged the vital role played by CICs in the financial system, as per the statement. (Image: PTI) The Reserve Bank on Monday came out with comprehensive guidelines on unclaimed ...