The Reserve Bank of India has instructed banks to reduce inoperative or frozen accounts by organizing special activation campaigns and facilitating Aadhaar updates at branches. Emphasizing an empathetic approach, the RBI aims to help economically weaker sections to reactivate their accounts smoothly, ensuring seamless KYC updates and uninterrupted credit of government scheme funds.
from Banking/Finance-Industry-Economic Times https://ift.tt/ayBuZe0
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