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ACTIVATION OF INOPERATIVE ACCOUNTS
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...- EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easilyThe Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tra...
- EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Organisation (EPFO) settled 6.103 mill...
- PNB account holders beware! PSU bank set to close these accounts after April 15, 2026Punjab National Bank is warning account holders with inoperative accounts to complete their KYC by April 15, 2026. Failure to do so will re...
- RBI issues new rules for activating inoperative bank accounts, unclaimed deposits: KYC via video, any branch of bank, business correspondentReserve Bank of India introduces new guidelines for inactive bank accounts. Customers can now update KYC at any branch. Video KYC option is...
- Big relief proposed by RBI for account holders in activating an inoperative bank account or claiming unclaimed depositsThe Reserve Bank of India proposed on May 23, 2025, to ease access to inoperative accounts and unclaimed deposits. Banks will be required t...
- How to activate inoperative bank accounts in SBI, HDFC Bank, and PNB as RBI asks banks to reduce these accountsRBI has advised banks to urgently take the necessary steps to reduce the number of inoperative or frozen accounts and make the activation p...
- RBI asks banks to bring down inoperative accounts urgently, report their numbers quarterlyThe RBI has directed banks to urgently reduce the number of inoperative or frozen accounts and make activation smoother. Banks should enabl...
- SBI customers: How to activate an inoperative SBI bank accountInoperative SBI bank account: The bank emphasised the importance of carrying out regular transactions in accounts and preventing categoriza...
- SBI launches nation-wide drive for activation of inoperative accountsSBI has started a nation-wide drive to raise awareness about inoperative account activation. Savings or current accounts with no transactio...
- RBI issues new rules on inoperative, unclaimed savings accounts, FD, deposits: FAQs on how to claim, charges, interest to be paidThe Reserve Bank of India (RBI) has issued comprehensive guidelines on the measures to be implemented by the banks covering various aspects...
- ET Explainer: How to make a dormant bank account regularA savings as well as current account is treated as inoperative or dormant if there are no customer-induced financial or non-financial trans...
- RBI simplifies reactivation of dormant accounts; tightens norms to curb fraudsThe Reserve Bank of India (RBI) has relaxed the process for reactivating dormant accounts and increased norms to limit fraud in inoperative...
- About 20 pc of 51 crore Jan Dhan accounts inoperative: MoS FinanceAs per the Reserve Bank of India (RBI) guidelines, a savings as well as current account should be treated as inoperative/dormant, if there ...
- How to activate inoperative PPF accountIf the account is inoperative, you can no longer claim loans against your PPF account, which could be troublesome if you foresee requiring ...
- How to activate inoperative savings bank account
- How to activate an inoperative bank accountAn inactive bank account is termed inoperative. An account becomes inoperative if there are no transactions in the account for over two yea...
- Give names of unclaimed deposit a/c on website: RBI to banksBanks should complete the action by March 31, and keep their websites updated at regular intervals, the Reserve Bank said in a notification.
- RBI asks RRBs, cooperative banks to frame policy on unclaimed accountsThe Reserve Bank today asked cooperative and regional rural banks to frame policies to locate customers with unclaimed deposits or inoperat...
- Find whereabouts of unclaimed deposit holders: RBI tells banksRBI has directed banks to find the whereabouts of the holders of unclaimed deposits by displaying the list of such accounts on their websit...
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