India 360: Why Having A Nominee For Your Investments Is Important? Here's What You Should Know
Zee Business Video Team | Updated: May 31, 2023 03:14 am
The Reserve Bank of India (RBI) will launch a new initiative called the '100 Days 100 Pays' campaign, aimed at addressing the issue of unclaimed deposits in the banking system. Responding to Zee Business's question on unclaimed deposits, Finance Minister Nirmala Sitharaman said that it is necessary to have a nominee for bank deposits or savings accounts. Unclaimed assets are increasing due to not having a nominee. Why having a nominee for your investments is important? Watch this special discussion with Deepak Dobhal in India 360.