The Indian banking landscape is undergoing a significant transformation, with the Reserve Bank of India (RBI) at the helm, steering the sector towards greater transparency, security, and customer-centricity. In a series of recent announcements, the central bank has rolled out a slew of new regulations that will impact every bank account holder in the country….
Tag: Savings Account
RBI Bank Nomination Rules 2025: Up to 4 Nominees Now Allowed
A New Era for Banking Security: Unpacking the RBI Bank Nomination Rules 2025 In a landmark move set to redefine financial security and succession planning for millions of Indians, the Reserve Bank of India (RBI) has rolled out the new Banking Laws (Amendment) Act, 2025, with key provisions taking effect from November 1, 2025. This…
Unclaimed Deposits RBI: A Guide to Using the UDGAM Portal to Find Your Money
Introduction: The ₹67,000 Crore Treasure Hunt – Unclaimed Deposits RBI Imagine a treasure chest holding over ₹67,000 crore, waiting for its rightful owners to claim it. This isn’t a fantasy tale; it’s the reality of India’s banking system today. As of October 2025, this staggering amount of money lies dormant in “unclaimed” accounts across various…
RBI New Savings Account Rules (Sept 2025): What’s Changed?
RBI new savings account rules In a significant move to empower consumers and enhance transparency in the banking sector, the Reserve Bank of India (RBI) has rolled out a fresh set of rules for savings bank accounts, which came into effect on September 1, 2025. These new regulations are designed to make everyday banking simpler,…
RBI’s September Savings Account Guidelines: What Indian Customers Should Know
Introduction September brings significant changes for all Indian savings account holders. RBI’s new savings account rules / guidelines simplify interest rates, penalty structures, and digital banking transparency, making financial discipline easier for millions—especially those using IFSC codes for faster transactions. What Changed—and Why? Effective September 1, RBI harmonized interest rate calculation across banks. Instead of…




