https://www.taxtmi.com/news?id=38715 Parliament amends banking laws to permit up to four nominees for bank accounts and allow simultaneous nominations for cash and fixed deposits while restricting locker nominations to simultaneous-only. The bill raises the substantial interest threshold, extends tenure of cooperative bank directors to ten years and permits central cooperative bank directors to serve on state bank boards, increases bank discretion on statutory auditor remuneration, and revises monthly regulatory reporting dates to the 15th and last day. en-us Wed, 26 Mar 2025 18:46:03 +0530 Wed, 26 Mar 2025 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38715 Parliament amends banking laws to permit up to four nominees for bank accounts and allow simultaneous nominations for cash and fixed deposits while restricting locker nominations to simultaneous-only. The bill raises the substantial interest threshold, extends tenure of cooperative bank directors to ten years and permits central cooperative bank directors to serve on state bank boards, increases bank discretion on statutory auditor remuneration, and revises monthly regulatory reporting dates to the 15th and last day. News - Wed, 26 Mar 2025 18:46:03 +0530 https://www.taxtmi.com/news?id=38715