Bank Account
Bank account emptied by cyber fraud? Here’s what to do immediately and why 'golden hour' matters
A cyber fraud can leave victims worried not just about lost money but also about what happens to their bank account after the incident is reported. Here’s what customers need to know about the bank’s response, account restrictions and chances of recovering the money.
3 min read1 Oct 2026Your nominee may be outdated: Check these financial accounts now to avoid family disputes later
Nominee details for financial assets should be reviewed periodically to align with current family circumstances. Changes such as marriage, divorce, or the birth of a child impact these decisions. Here are the financial accounts you must check periodically.
3 min read6 Sep 2026Businessman gets ₹23L via RTGS, bank freezes his account over income mismatch; HC rules in his favour — here's why
A businessman received ₹23 lakh via RTGS but had his account frozen by the bank due to an income mismatch. The Allahabad High Court ruled in his favor, ordering the bank to pay ₹50,000 in compensation. Here's what happened.
2 min read21 Aug 2026Haven’t used your bank account in years? Check if it has turned inactive
RBI rules classify savings and current accounts as inoperative after more than two years without customer-induced transactions. Learn how to check an inactive bank account, update KYC, reactivate it and protect your money from fraud.
3 min read14 Aug 2026Frozen bank account explained: Key reasons, required documents, steps and timelines to restore access
Frozen bank account access can disrupt daily finances. Understand common reasons, required documents, timelines, and practical steps to unfreeze a bank account quickly and avoid future account restrictions.
2 min read11 Jun 2026How to convert your NRO account to a resident bank account after returning to India? Process and documents required
NRO accounts allow NRIs to manage Indian income. Upon returning to India, NRIs must convert their NRO accounts to resident accounts by notifying their banks. Here's the entire process to do it and documents required.
3 min read1 Jun 2026Can you still claim money from a dormant bank account? RBI says yes — here's how
Forgotten savings still belong to you. Dormant bank account rules in India explain how to recover unclaimed deposits from the RBI’s DEAF fund with simple verification and KYC steps. Understand the rules, build knowledge and take steps to reclaim your funds.
4 min read26 May 2026Depositing large cash amount in your bank account? It may trigger a tax notice — Here's how to avoid
Banks and cooperative banks are required to report to the Income Tax Department if someone deposits ₹10 Lakh or more during a single financial year.
2 min read2 Nov 2025Have a joint account with a spouse or parent? Do this to avoid tax trouble.
Joint bank accounts are useful but can also create tax headaches unless handled carefully.
2 min read18 Aug 2025The $95-million question: What happens to Biden's campaign money?
USA-ELECTION/BIDEN-FUNDRAISING:EXPLAINER-The $95-million question: What happens to Biden's campaign money?
2 min read25 Jul 2024Wait for it…
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