Minor Bank Accounts
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RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
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Man Asks Teen To Install App On His Father's Phone, Vanishes With 9 Lakhs
In a case of online fraud, an unidentified caller allegedly siphoned off nearly Rs nine lakh from a bank account of a man residing near Nagpur, after asking the latter's minor son to download an application on his father's phone, police said.
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Aadhaar: Government Tables Bill to Allow Voluntary Use for New SIM Cards
The bill makes it clear that anyone not offering Aadhaar cannot be denied any service, be it a bank account or a SIM card.
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RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
-
Man Asks Teen To Install App On His Father's Phone, Vanishes With 9 Lakhs
In a case of online fraud, an unidentified caller allegedly siphoned off nearly Rs nine lakh from a bank account of a man residing near Nagpur, after asking the latter's minor son to download an application on his father's phone, police said.
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Aadhaar: Government Tables Bill to Allow Voluntary Use for New SIM Cards
The bill makes it clear that anyone not offering Aadhaar cannot be denied any service, be it a bank account or a SIM card.
