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Thursday, December 12, 2024

New bank account, locker rules soon? Banking Amendment Bill allows up to 4 nominees - check what’s about to change

The Lok Sabha approved a bill allowing bank account and locker holders to designate up to four nominees. This change simplifies asset distribution after death. The bill awaits Rajya Sabha approval and presidential assent for implementation.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/a9semWV

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