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    Haven’t operated your bank locker for more than a year? Your bank can open it - Livemint thumbnail

    If you are using a bank locker, the regulations from the Reserve Bank of India (RBI) requires you to operate it at least once a year or else your bank can open it.However, if you fall in a lower risk category as per the bank’s classification, the bank can give you more time.Those who fall in the medium risk category, the bank will send a notice only if the locker remains un-operated for more than three years as per RBI regulations.Banks classify its customers in different risk categories from low to high depending on v
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