Can Banks freeze inoperative SB and CD Accounts, return cheques issued and stop access to ATM service?

Shivaprasad Laxman Chhatre , Last updated: 30 August 2022 Share Follow on Google News

Preamble Many things that were stated in detail in the other article are not repeated in this write-up. (I had assumed the reader may read another one also). However, in the context of things what was necessary, has been incorporated in this. As in the case of another article, if I am to give

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Shivaprasad Laxman Chhatre
Ex Chief Ethics and Compliance BNP Paribas

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Ex Group Head Ethics and Compliance BNP Paribas, Kotak Mahindra Bank, ICICI Bank, PSU Banks, Ex- CEO FIMMDA, Practical ex-Banker 35 years of supervisory level banking experience which includes the experience as Group Head of Compliance of an MNC Bank, 15 years in Bank Treasury amp; Securities Market (in New Private .. Read more

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Can Banks freeze inoperative SB and CD Accounts, return cheques issued and stop access to ATM service?

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