With rising education costs, parents are increasingly investing in mutual funds for their children. Investments can be made in a minor's na...

The National Commission for Protection of Child Rights has raised concerns about an app disseminating explicit and objectionable material t...

A parent can open a bank account in the name of their minor son or daughter in order to invest in fixed deposits (FD), recurring deposits (...

The child shall be the first and sole holder in such a folio. No joint holder will be allowed in this folio. The guardian in the folio can ...

Re-KYC is an periodic update on an individual's KYC status, which has to be conducted by every banks and other entities regulated by the Re...

Small amounts received as gifts by children on festive occasions, birthdays or for good academic performance could be channelised into mutu...

The State Bank of India (SBI) has suspended accounts of several customers due to non-compliance with know-your-customer (KYC) standards.

Sebi mandates investors to be KYC (know your client) compliant before they start investing in a mutual fund scheme.

To do any mutual fund investment in a child’s name, one needs to submit a valid document of proof of the child’s age and the parents’ relat...

"From January 1, 2022, the RTAs shall not process any service requests or complaints received from the holder(s) / claimant(s), till PAN, K...

The move is aimed at bringing uniformity in such investment process across asset management companies (AMCs).

Banks may introduce a new column in KYC forms for depositors & clients to mention their religion.

Many parents want to build a corpus for their child before he turns an adult so that it could come handy for higher education.

The Supreme Court had said that Aadhaar authentication can be used only for government welfare programmes.

An investment can be made in the name of a minor child, aged less than 18 years.

You can invest in any mutual fund scheme in the name of your minor child, whose age is less than 18 years.

India's indefatigable know-your-customer (KYC) industry, one of the prime examples of mistaking repeated activity with actual achievement, ...