On August 6, RBI Governor Sanjay Malhotra announced a proposal to standardise procedures and documentation for accessing funds in bank accounts, safe deposit lockers, and items held in safe custody. This initiative aims to streamline the claims process, reduce administrative hurdles, and provide clarity during a challenging time for grieving families. Our Partner (Head – Banking) Amey Pathak shares his views on this in an article published by moneycontrol.com. (Photo Credit: Moneycontrol)
