1 / 8

From new banking and nomination rules to credit card charges and Aadhaar updates, these reforms aim to make financial systems smoother and more secure for everyone.

2 / 8

Nearly every adult in India has a bank account, and now, new rules under the amended Banking Act are set to take effect. The goal: to improve customer service, simplify claim settlements, and prevent delays for families after an account holder’s death.

3 / 8

Until now, only one nominee was allowed per account. From November 1, customers can add up to four nominees for a single bank account. You can even distribute the balance — for example, 40% to one person, 30% to another, and so on.

4 / 8

Good news for locker holders! You can now appoint up to four nominees for your bank lockers or safe custody ite

See Full Page