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RBI asks banks to bring down inoperative accounts urgently report their numbers quarterly

RBI asks banks to bring down inoperative accounts urgently report their numbers quarterly

by AIP Online Bureau | Dec 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Expressing concern over the rising sums of money lying in such accounts, the RBI said its supervisory inspections have revealed a slew of problems due to which accounts are becoming inoperative or get frozen Mumbai: The RBI on Monday asked banks to...

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