The SBI had also started announcing a special drive on inoperative accounts over the weekend. However, the exact picture on ...

RBI has advised banks to urgently take the necessary steps to reduce the number of inoperative or frozen accounts and make ...

The RBI has recommended that banks explore ways to enable seamless KYC updates through mobile or internet banking, non-home ...

Issuing a notification, the RBI asked all banks to take necessary steps urgently to bring down the number of ...

The RBI has directed banks to urgently reduce the number of inoperative or frozen accounts and make activation smoother.

A bank account is classified as inoperative when there are no customer-initiated transactions for over two years ...

RBI analysis says number of "inoperative accounts or unclaimed deposits" in several banks was on higher side as compared to ...

SBI has written to the RBI, urging the consideration of non-financial transactions, like balance checking, for tagging an account as operative, highlighting the issue of dormant accounts under ...

This includes enabling seamless Know Your Customer (KYC) updates through mobile or internet banking, non-home branches, video ...

RBI directs banks to reduce inoperative accounts, streamline activation process, monitor progress, and facilitate Aadhaar ...

RBI instructs banks to reduce inoperative accounts, streamline KYC process, and facilitate Aadhaar updation for customers.