RBI Draft Rules On Claim Settlement: 15-Day Deadline, Rs 15-Lakh Limit Among 6 Key Changes
Last Updated:August 11, 2025, 08:01 is RBI’s draft circular mandates banks to settle deceased customers’ deposit claims and start locker inventory within 15 days, with penalties for delays. RBI’s New Draft Rules on Claim Settlement – 6 Key Things You Should Know RBI Draft Rules On Claim Settlement for Banks: In an attempt to streamline…