Settlement Of Claims On Accounts, Lockers Of Deceased Customers: List Of Documents Required To Be Submitted By Nominee; Check RBI Draft Rules
New Delhi: The Reserve Bank of India (RBI) has issued a draft circular, “Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025”, and invited public feedback on it by August 27. RBI’s new rules makes settlement of claims on accounts, lockers of deceased customers faster and easier. Under…