RBI tells banks to continue joint account for surviving spouse's pension

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This would serve the twin purpose of acknowledgement as well as real-time updation of records.

They were also requested to consider entering the receipt of life certificates in the Core Banking System (CBS) and issue a system-generated acknowledgement.

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Category: BusinessFinance

Markets: India

Topics: Pension FAQs Survivor benefits Bank rules for pension Central government pensioner RBI guidelines Pension payment Spouse pension Reserve Bank of India Pension account rules Family pension rules Pensioner benefits RBI notification RBI Banking regulations for pensioners Government pension scheme Pension payment process Pension credit Joint account Bank account for pensioners Pensioner joint account Family pension

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 21:22:35 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 216 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27518131

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