New Delhi, November 30, 2024.
State Bank of India (SBI) on Saturday said it has launched a nation-wide drive to raise awareness about the importance of inoperative account activation.
A savings or a current account is treated as inoperative if the customer has no transaction in the account for a period of over two years.
Activation of these accounts requires Re-KYC. Necessity of regular transactions in the account and preventing categorization into in-operative was the key message, SBI said in a statement.
