Tag: locker

With the September 30 deadline of getting the signature of least 50 per cent of their locker holders on a revised agreement looming, banks are internally working on a process to get the agreements signed digitally.According to highly placed sources, individually banks may not have obtained signatures of even 30 per cent of existing locker holders for the revised locker agreements. Collectively for the banking system, the adoption of these new agreements for existing customers is estimated to be much less. New pacts To expedite the process, banks are exploring...