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Nomination facility for shares of private companies held in physical form

  • samarth94
  • Jan 29
  • 1 min read

In 2025, the Reserve Bank of India made an amendment in Banking Laws permitting up to four nominees to be registered with Banks for bank accounts and fixed deposits, with the objective of simplifying succession process and distribution of assets to the next generation, on passing away of an account holder.


 
 
 

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