Reserve Bank of India (RBI) permits minors above 10 years old to operate bank accounts independently. This new rule allows ...

RBI allows minors to open deposit accounts with guardians, emphasizing the importance of early banking engagement.

The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term ...

"Minors above such an age limit not less than 10 years and up to such amount and such terms as may be fixed by the banks ...

In a move to simplify and standardise rules across banks, the Reserve Bank of India (RBI) has updated its guidelines on the ...

The banks will have to ensure that accounts of minors, whether operated independently or through a guardian, are not allowed ...

Mumbai, Apr 21 (PTI) The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate ...

As per the revised guidelines issued on April 21, 2025, banks can now empower minors to manage their own accounts—within ...

In a step aimed at promoting financial literacy and investing at a young age, the Reserve Bank of India (RBI) has permitted ...

A Patterson, New Jersey, woman faces identity theft and forgery charges after police said she tried to open a fraudulent ...