RBI Circular 143/2025 Dated 11/12/2025 – Amendment to RBI Payment Banks Miscellaneous Directions 

The amendment defines Current Account to include demand deposits not classified as savings or term deposits. Banks may maintain unrestricted current accounts for borrowers with aggregate banking system exposure below  Rs 10 crore, while customers with exposure of Rs 10 crore or more must operate collection accounts, with funds remitted within two working days to a designated account. (Link: RBI Notification 143/2025 Dated 11/12/2025)

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