The central bank in its August 2020 circular instructed banks not to open current accounts for customers who have availed of credit facilities in the form of cash credit (CC) / overdraft (OD) from the banking system.
source https://economictimes.indiatimes.com/industry/banking/finance/insure/insurers-can-maintain-current-accounts-in-appropriate-number-of-banks-irdai/articleshow/86816601.cms
No comments:
Post a Comment