SBI seeks clarity on handling of bank accounts, deposits under FCRA bill
- Posted on September 29, 2026
- By Business News Today
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SBI seeks clarity on handling of bank accounts, deposits under FCRA bill
State Bank of India officials are seeking clarity on handling accounts when an organizations registration is suspended. They highlighted risks for smaller entities that may lose access to funds upon missing renewal deadlines. The JPC is examining the implications of the FCRA Amendment Bill, focusing on accountability and regulations for banking procedures.