A novel step to reduce the number of dormant accounts
Ref: Information regarding the number, names, addresses etc. in respect of dormant accounts in State Bank of India was sought – CIC: PIO, SBI to look into the matter & provide the correct position regarding penalty being charged for renewal of accounts
Comment: After a certain amount of time, the banks should put all the information about the dormant accounts on the internet. This will help in reducing down such accounts.
Name: SAMEER SHARMA
Email id: firstname.lastname@example.org