RBI extends deadline for locker agreements renewal till Dec 31

In addition to this, banks have been advised to make necessary arrangements to facilitate execution of the revised agreements by ensuring the availability of stamp papers, etc, a statement by RBI said.

RBI extends deadline for locker agreements renewal till Dec 31

The Reserve Bank of India (RBI) on Monday extended the deadline for renewal of locker agreements between customers and banks till December 31, 2023.

The extension was given by the central bank as it was noticed that till January 1, 2023, which was the original deadline for renewal of agreements, a large number of customers had not signed the revised agreement.