Saturday, June 15, 2013

Banks mandated to acknowledge Form 15-G/ 15-H

With a view to protect interest of the depositors and for rendering better customer service, the Reserve Bank of India (RBI) has advised the banks to give an acknowledgment at the time of receipt of Form 15-G/15-H. This will help in building a system of accountability and customers will not be put to inconvenience due to any omission on part of the banks.

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