Good News For Saving Account Holders; Soon, You Can Add Four Nominees – Details
Banking Laws (Amendment) Bill, 2024: The Lok Sabha on Tuesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees in their accounts. Another proposed change relates to redefining ‘substantial interest’ for directorships, which could increase to Rs 2 crore instead of the current limit of Rs […]