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RBI banking change sparks alarm across India

Original: RBI का Financial Earthquake, आपका BANK ACCOUNT अब बच नहीं सकता | CWSJ-3813 | Sumeet Jain

Commentary is circulating claiming the Reserve Bank of India has introduced sweeping new rules with major consequences for ordinary bank account holders. The discussion frames the development as a 'financial earthquake' affecting savings accounts. However, no specific policy change, circular or effective date is specified in the available information, so the exact measures being described remain unconfirmed.

Why now: unclear

Reserve Bank of IndiaSumeet Jain

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