Searched for
KYC COMPLIANCE
Parliamentary panel seeks penalties for banks hosting multiple mule accountsA parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...- Binance to launch commodity options on gold and silverBuilding on strong demand for commodity perpetuals, Binance adds another layer to its TradFi ecosystem with compliant, crypto-native option...
- Delhi State Cooperative Bank to venture into financing farmers, artisansInaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial...
- DPIIT signs 5 MoUs to expand digital, cloud and investment support for startupsThe Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with indust...
- GIFT City investment for NRIs: Know your options, tax benefits, and how to invest in India in dollarsGIFT City offers NRIs and OCIs a dollar-denominated investment ecosystem. This financial hub provides access to global and Indian investmen...
- A simple guide to start investing in Indian share marketNew investors can now easily enter the Indian share market. Understanding basics and opening necessary accounts are crucial first steps. Se...
- Explained: Sebi proposes MF-PMS framework model with entry fee at Rs 25 lakh. Who stands to benefit?SEBI has proposed a major revamp of the Portfolio Management Services (PMS) framework, including the launch of a new mutual fund-only PMS (...
- Son becomes NRI, gifts shares worth Rs 30 lakh to father; should this be disclosed in ITR? What taxpayers must do to avoid tax noticesNRI son gifted Rs 30 lakh shares to his father through an off-market transfer. Should it be reported in ITR? Although a genuine gift of sha...
- RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...
- Why getting a SWP death claim is not that simple for surviving spouses and why Sebi must ensure strict adherenceIt is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not reciprocated while settling death c...
- Global shocks may hit quarterly growth, but India's long-term outlook remains strong: PwC's RaraIndia's economic growth trajectory remains strong despite temporary global shocks. Experts project sustained growth between 6.5 and 7 perce...
- Rinki Singh and Bhartendu Shandilya position Digizene for next phase after pre-seed roundDigizene announced its Pre-Seed funding round with investment from Arun Kar. Kar also joined the company as a co-founder, bringing global e...
- KFintech’s Finex accelerates same-day physical SIPs to redefine wealth creationKFintech's Finex program significantly reduces mutual fund SIP processing times. Physical SIP registrations now achieve same-day activation...
- Is enforcement of banking regulations ownership neutral?Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout...
- Strict KYC rules hit NRI equity investmentsInvestments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account openings. While global uncertaint...
- RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing FinanceThe Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Barod...
- NRI equity inflow falls; Pi Ventures preps exitsNRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispa...
- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...
- PhonePe wallet inactivity fees do not affect bank accounts or UPI transactionsPhonePe clarifies inactivity fees apply solely to its prepaid wallet, not linked bank accounts or UPI transactions. Users receiving notific...
- PFRDA tightens NPS audit rules: Pension body orders regular audit checks for PoP service providersThe Pension Fund Regulatory and Development Authority now requires Points of Presence offering National Pension System services to undergo ...
Load More
