RBI advises banks to organize special campaigns like Aadhaar updation for facilitating activation of frozen accounts

Mumbai (Maharashtra) [India], December 3 (ANI): The Reserve Bank of India (RBI) has directed banks to take immediate steps to reduce the number of inoperative or frozen accounts and to make the activation process smoother and more hassle-free.

To achieve this, the RBI has advised banks to organize special campaigns focused on activating inoperative or frozen accounts.

Additionally, banks have been encouraged to facilitate