Business
November 25, 2024
2 views 8 mins 0

FD rule changes: Multiple nominees to be allowed for fixed deposits soon? Check proposed modifications

Currently, many depositors fail to designate nominees when opening fixed deposits, possibly due to insufficient awareness. (AI image) Multiple nominees for Fixed Deposits soon? The Parliament’s winter session, commencing today, is expected to consider legislation amending banking regulations to enable depositors to designate multiple nominees for fixed despots with specified shares. The implementation of comprehensive […]