Banking Laws Amendment Act 2025 Victory: Fortifying New India’s Saver Sovereignty
Envision a nation where 1.4 billion savers – from Mumbai’s middle-class lockers to Bihar’s rural deposits – gain ironclad choice over their hard-earned rupees, with unclaimed fortunes fueling public good instead of bank vaults. That’s the seismic promise of the Banking Laws Amendment Act 2025, cleared by Rajya Sabha on December 4, 2025, after Lok…