November 18, 2011 10:13 AM

printer

RBI guidelines for cooperative banks to improve customer services

The Reserve Bank of India (RBI) has asked cooperative banks not to insist on signatures of both the joint account holders for withdrawal of a fixed deposit at the time of maturity if the account was opened with instruction that either of survivor could operate it. The RBI said in a communication to CEOs of cooperative banks. RBI had issued similar instructions to commercial banks earlier to improve customer services.

Most Read
View All arrow-right

No posts found.