Punjab National Bank (PNB) has decided to close accounts where there has been no operation by the customer for the last three years and the...

The RBI had asked banks to assist their clients in the execution of fresh/supplementary stamped agreements with their customers by taking m...

The bank has been mandated to recover the rent and any other cost incurred by it and debit the customer account.

It is not uncommon to have multiple bank account and sometime people can not operate all of them and hence may need to close one. However, ...

Incorporating customer rights, Punjab National Bank has released a new/supplemental locker agreement. It has requested its locker-holder cu...

Banks always recommend that you use your locker regularly, or at least once a year, to prevent inoperative status. Locker status may change...

The State Bank of India (SBI) has modified its locker rental fees, which vary by location and locker size. Here are the latest locker renta...

Delhi High Court on Monday dismissed PIL challenging Reserve Bank of India and State Bank of India notifications, which permits the exchang...

Breaking open a locker without following the legal procedure would be construed as gross negligence on the part of the bank, a top court be...

“I am not sure that is entirely true. As a political gambit, this is a very risky gambit. It is going to cause a lot of pain to everybody. ...

Close to Rs 64,000 crore lies unclaimed in accounts. If you also have untraceable shares, some cos are ready to help you for a fee.

Having a locker in a bank and not operating it for a sustained period could well mean courting trouble for some category of bank customers.