India's market regulator Sebi seeks clarity from the tax department on the duties of authorised representatives for foreign investors. Fund...

In another release, it said a penalty of Rs 59.10 lakh has been imposed on Woori Bank for non-compliance with RBI's directions on 'Creation...

Earlier, private banks were allowed to do only proprietary trades in India.

Besides, a new Central Know Your Customer (CKYC) mechanism, which will provide common and one-time KYC for all financial market intermediar...

The idea is to streamline the KYC process and avoid duplication of KYC for customers at multiple agencies.

The proposed changes include mandating the issuers of P-Notes to file STRs, if any, with the Indian FIU in relation to the ODIs issued by t...

"Once the KYC is done, the investor need not be burdened with providing repetitive information and supporting documents to each and every f...

Reserve Bank today released a note and a poster to increase awareness about Know Your Customer (KYC) norms for opening bank accounts.

Unlike opening a no-frills bank account, the mutual fund industry requires customers to produce a copy of PAN card if the investment is mor...

KYC norms have also been eased, which means KYC verification by one organisation will be accepted by another.

Chidambaram said if a new FII applies in India, it has to go through due diligence and once registered it has to go through KYC norms.

Government is working on bringing new norms for a common KYC for FIIs, Finance Minister P Chidambaram said on Monday.

In a few months, you may be able to use your know-your-customer (KYC) registration with a mutual fund or depository participant to open a b...

With the government facing heat on the issue of black money, the Finance Ministry has begun an exercise to make identification norms unifor...

The move is part of the revised Know-Your-Customer norms to be adopted from next year to comply with money laundering prevention rules.

The Institute of Chartered Accountants of India (ICAI), is considering a proposal to devise a set of know your customer (KYC) norms to be f...

MF investors will soon have a single-point of dissemination of all financial documentation to fulfil the mandatory KYC norms prescribed by ...