New bank account, locker rules soon? Banking Amendment Bill allows up to 4 nominees - check what’s about to change
Thursday, 12 December 2024 The Lok Sabha approved a bill allowing bank account and locker holders to designate up to four nominees. This change simplifies asset distribution after death. The bill awaits Rajya Sabha approval and presidential assent for implementation.
As we approach the end of 2024 and the start of a new year, now is an excellent opportunity to take charge of your finances. We sat down with Michael Martino, the Head of Wells Fargo's Banking Inclusion Initiative (BII) , to learn how you can benefit from the greater accessibility of low-cost banking...
Thursday, 12 December 2024
