People are lured with promises of a few lakhs or even a few thousands, and then are left to deal with criminal cases and ...

Discover the latest RBI rules on savings bank accounts for children, enabling minors to manage their finances independently ...

In a recent development, the Reserve Bank of India (RBI) has announced that minors above the age of 10 will be able to open ...

The Bank of Ghana in October 2024 explained that the concept of next-of-kin in banking operations is for the purpose of tracing the whereabouts of an account holder and not who inherits the account.

When you prematurely close the SCSS account, there is a penalty. One needs to be mindful about it and the option must be ...

RBI on April 21 allowed minors over 10 years of age to open and operate independent savings and term deposit bank accounts in ...

Financial fraudsters/cyber criminals are donning a new cap now, as regulators and law enforcers have been able to control ...

Nagpur: A housewife in her 30s was left in a difficult situation on April 12 after transferring Rs2 lakh to a stranger's ...

Renouncing Indian citizenship is a formal process in which an Indian citizen voluntarily gives up his Indian citizenship.

Discover how to protect your bank account from creditors through immediate steps, long-term strategies, banking precautions, and seeking legal advice.

Expatriates’ access to their bank accounts is directly linked to the validity of their residence, which serves as proof of ...

The Reserve Bank permitted banks to allow minors above the age of 10 ... and such terms shall be duly conveyed to the account ...