The Lok Sabha approved a bill allowing bank account and locker holders to designate up to four nominees. This change ...

Bill, 2024, which allows up to four nominees to bank accounts and redefines 'substantial interest' for directorships.

While nominations simplify the transfer process, a will holds greater legal authority in the event of a conflict between the ...

The new banking laws aim to streamline account nominations, ensuring fair access for successors. These changes also ...

Bill, 2024, passed in Lok Sabha, proposed changes like allowing up to four nominees for bank accounts and redefining ...

Banking Laws Amendment Bill bringing significant changes in the nomination policies in bank accounts has been approved in Lok ...

Finance Minister Nirmala Sitharaman presented the Banking Laws (Amendment) Bill, 2024 in Lok Sabha, proposing 19 amendments ...

Union Finance Minister Nirmala Sitharaman moved the Banking Laws (Amendment) Bill 2024, in the Lok Sabha for consideration and passage on Tuesday (3 December).

Defending the bill, Sitharaman said that since 2014, both the government and the Reserve Bank of India (RBI) have exercised ...

Finance Minister Nirmala Sitharaman said on Tuesday that the Banking Laws (Amendment) Bill will strengthen governance in ...

Bank stocks saw an uptick as the Lok Sabha passed the Banking Laws (Amendment) Bill, 2024, introducing multiple changes ...

The Lok Sabha has passed the Banking Laws Amendment Bill 2024, enabling bank account holders to designate up to four nominees ...