On compassionate appointments in Banks:

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A post with relevant details on another blog ‘Avenues’ was published to facilitate necessary followup by the grief stricken dependents of the deceased employees in banking industry on the 14th August’2014 necessary link in respect of which is given below for the information and the desired use by the needy spouse and other dependents:

http://uppermost.me/2014/08/14/compassionate-appointments-in-banks-reintroduced/

There was a large number of comments exchanged by the readers of the said blog post containing useful awareness in relation to the scheme. The purpose of referring the above link here is to extend the use of the guidelines contained therein by way of queries and answers to the readers of this blog also particularly those needing assistance on the compassionate appointment matters. The readers in general are requested to see to it that the relevant information positively reaches the needy ones as after all it is a noble cause.

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Bank accounts to be opened with zero balance now:

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It’s a good news in a way that as per Reserve Bank of India directives the customers can open their Saving Bank A/cs with zero balance. Presently this amount was around minimum Rs.1,000/ varying from bank to bank. There are many who are desirous of opening an account in some bank or the other but they are unable to do so for want of necessary minimum amount. If the directives so issued hold good in real practical terms, the news is very satisfying to the needy customers and the consumers, but the real problem is that of its implementation. There are already instructions to open the accounts of students with zero balance but the respective banks are defying them. It has yet to be seen in days to come whether the banks come forward with necessary compliance of the Reserve Bank of India directives. If they do, this is certainly a welcome gesture.

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Loans with a personalised touch

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