Bank accounts of pensioners and subsidy recipients should not be frozen
Mumbai, The Reserve Bank of India has instructed banks not to freeze bank accounts from which pension and government subsidies are received, for any reason. Speaking to the directors of private banks in this regard, RBI Deputy Governor Swaminathan said, It is necessary to obtain the Know Your Customer (KYC) procedure. Bank accounts from which […]
Bank accounts of pensioners and subsidy recipients should not be frozen Read More »