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Indian Economy and Business: Key Developments on September 27, 2025

September 28, 2025

India's economic landscape saw significant activity on September 27, 2025, marked by new RBI regulations aimed at improving customer service, continued robust GDP growth, evolving international trade relations, and mixed signals from the stock market. The Reserve Bank of India (RBI) introduced guidelines for banks to settle deceased customer claims within 15 days and announced a shift to continuous cheque clearing. Economically, India maintains its position as the fastest-growing major economy, though concerns persist regarding US tariffs and their potential impact on exports. International collaborations, particularly with Abu Dhabi and ASEAN, are strengthening trade and investment ties. The stock market experienced record highs followed by profit booking, while government initiatives continue to focus on infrastructure, EV manufacturing, and ease of doing business.

Question 1 of 15

1. As per the new RBI regulations, what is the mandated timeline for banks to settle claims of deceased customers?

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