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No questioning in case of delayed deposits, says RBI- The News
Posted
December 22, 2016
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December 22, 2016
19
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4:34Now PlayingThe Reserve Bank of India has issued a fresh notification where it has stated that deposits above Rs 5000 will be allowed once without any questions or justifications being demanded about the deposits for KYC compliant accounts.
The RBI notification had earlier stated that deposits over Rs 5000 into a bank account will be received for credit only once during the remaining period till December 30, 2016 and that credit in such cases shall be afforded only after questioning tenderer, on record.
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