Banks cannot unilaterally vacate lockers. "But they are now seeking regulatory approval ... "It aims to clarify the ...

Banks Request More Time to Meet Locker Agreement Deadline. To ensure all customers get enough time, banks have asked the RBI to extend the current deadline from March 2024 to December 2025.

In sum, troubled by the increased KYC requirements and a sizable increase in bank locker charges, 56% of locker holders have either already shut it or are planning to shut it down or shift to a ...

Bank locker holders have been receiving SMS and emails from their banks asking them to sign revised locker agreements by the June 30, 2023. In a conversation with Moneycontrol, Puneet Kapoor ...