Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Locker accounts will allow up to four nominees
Mint New Delhi
|October 24, 2025
The government move aims to simplify claims settlement for depositors and their nominees
Starting next month, you'll be able to have as many as four nominees for your bank accounts and lockers, as against just one now. On Thursday, the government said some key provisions of the Banking Laws (Amendment) Act, 2025, including changes to nomination norms, will come into effect 1 November.
The government had earlier notified that sections 10, 11, 12 and 13 of the Act would come into force from next month. These include rules related to nominees for deposit accounts, articles kept in safe custody, and the contents of bank lockers.
Denne historien er fra October 24, 2025-utgaven av Mint New Delhi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint New Delhi
Mint New Delhi
Tata Trusts vote on Srinivasan's tenure a mere formality
Four of the seven trustees of Tata Trusts have termed the appointment ofTVS Motor Co. chair emeritus Venu Srinivasan as a lifelong trustee a \"procedural formality\", referring to a unanimous decision granting themselves permanent positions in October last year.
3 mins
October 24, 2025
Mint New Delhi
How to make sense of our hazy air quality data
Air quality indices on your phone's weather app and the one reported by the government do not seem to agree with each other, and those obsessed with the data have too many contradicting numbers to go by.
3 mins
October 24, 2025
Mint New Delhi
AI workers are putting in 100-hour weeks in tech arms race
Josh Batson no longer has time for social media.
5 mins
October 24, 2025
Mint New Delhi
HUL bets on price cuts for sales after GST disruption
Wait for lower prices dampens sales; HUL expects volumes to rise from November
3 mins
October 24, 2025
Mint New Delhi
Quicker mergers, e-docs in changes to Companies Act
The government is moving to amend the Companies Act, targeting a legislative push in the winter session of Parliament to make the law more businessand digital-friendly, two people aware of the discussions said.
2 mins
October 24, 2025
Mint New Delhi
RBI cautions states on fiscal discipline as bond yields rise
Flagging a sharp rise in state bond yields, the Reserve Bank of India (RBI) has cautioned states against pre-election populist spending and fiscal slippage, especially in Bihar and Maharashtra.
3 mins
October 24, 2025
Mint New Delhi
A $50-bn puzzle: How to sell more smartphones
Eight retailers' estimates show a 15% rise in India's smartphone sales this festive season, the month before Diwali that sees over a third of yearly sales. Yet, analysts say 2025 volumes will remain below the 2021 peak in India, once world's fastest-growing market. Mint explains why.
2 mins
October 24, 2025
Mint New Delhi
UPS moves court to quash CCI order
UPS has asked an Indian court to quash a decision by the antitrust watchdog to allow book publishers to cross-examine its India executive, arguing it amounts to “coercion” as the company has already been cleared of wrongdoing, court papers show.
1 min
October 24, 2025
Mint New Delhi
A weekend with Tipeshwar sanctuary's women guides
At a Maharashtra wildlife sanctuary, a writer considers what tourism would look like if women took the lead
4 mins
October 24, 2025
Mint New Delhi
Prestige plans new, premium sub-brand
The Prestige Place projects will each have a high-end hotel, branded residences and a Forum shopping mall, among others.
1 mins
October 24, 2025
Listen
Translate
Change font size