BusinessRBI to Provide Consolidated Monthly Account Statements from 2027
Starting January 1, 2027, the Reserve Bank of India (RBI) will provide customers with a consolidated monthly account statement covering savings accounts, mutual funds, shares, and fixed deposits in one place. This new system, involving SEBI-regulated depositories and NBFC account aggregators, aims to simplify tracking investments and bank deposits, addressing difficulties faced by investors in managing multiple accounts and unclaimed deposits.
Amar Business·


