Good Information For Saving Account Holders; Quickly, You Can Add 4 Nominees – Particulars | Private Finance Information

Good Information For Saving Account Holders; Quickly, You Can Add 4 Nominees – Particulars | Private Finance Information

Banking Legal guidelines (Modification) Invoice, 2024: The Lok Sabha on Tuesday handed the Banking Legal guidelines (Modification) Invoice, 2024, which permits checking account holders to have as much as 4 nominees of their accounts. One other proposed change pertains to redefining ‘substantial curiosity’ for directorships, which may enhance to Rs 2 crore as an alternative…

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Lok Sabha passes Banking Legal guidelines (Modification) Invoice, permits 4 nominees in financial institution accounts

Lok Sabha passes Banking Legal guidelines (Modification) Invoice, permits 4 nominees in financial institution accounts

NEW DELHI: The Lok Sabha on Tuesday handed amendments to the banking legal guidelines allowing account holders to suggest as much as 4 nominees both successively or concurrently with their respective shares, which is able to make inheritance of financial institution deposits easy and unambiguous. **EDS: VIDEO GRAB VIA SANSAD TV** New Delhi: Union Finance…

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