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claim settlement News

RBI Introduces 15-Day Deadline for Deceased Customer Claims, Penalties for Delays to Ensure Swift Settlements

Sarah Mitchell 11 Aug, 2025

The RBI has proposed a 15-day deadline for settling claims of deceased customers, introducing penalties for delays to ensure swift and uniform processing across banks. The draft in...

Business

Major Boost for Farmers: Agriculture Minister to Transfer Rs 3,200 Crore in Crop Insurance Claims

Jessica Bennett 11 Aug, 2025

Agriculture minister Shivraj Singh Chouhan will transfer Rs 3,200 crore in crop insurance claims to 30 lakh farmer beneficiaries under PMFBY, with new rules ensuring faster payouts...

claim settlement News

RBI Introduces 15-Day Deadline for Deceased Customer Claims, Penalties for Delays to Ensure Swift Settlements

Major Boost for Farmers: Agriculture Minister to Transfer Rs 3,200 Crore in Crop Insurance Claims

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