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  • 'either or survivor', joint mandate, rbi makes fd norms simple, Joint mandate

    RBI makes FD norms Simple 11 January 2012

    In a notification passed by RBI explained that, signature of both the candidates are mandatory to allow repayment of money in fixed or term end deposits, even if the deposit account is opened with operating instructions like 'either or survivor'...

    Keywords: maturity, joint mandate, former or survivor, unjustified delays

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