New nomination rule for bank lockers: Currently, under the Banking Regulation Act, individuals or joint depositors have the option to designate a nominee for their deposit. This nominee can also be appointed for assets kept in a bank's custody or for a safe deposit box rented from a bank.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.