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KYC COMPLIANCE
From finance to leadership: How technology is shaping smarter decisionsArtificial intelligence is transforming finance and leadership. AI tools now help analyse risks, detect fraud, and automate tasks. Leaders ...
Delhi police arrests bank deputy manager in Rs 67.92 crore mule account case linked to 159 cyber fraud complaintsDelhi Police apprehended Pabitra Kumar Biswal, a Deputy Manager at National Urban Cooperative Bank. He allegedly facilitated a mule account...
BFSI’s new trust economy: Why privacy is the quietest driver of growthWith India's DPDP framework taking shape, forward-looking financial institutions are turning privacy into a competitive advantage with supp...
India a major growth market for Celonis, says senior execThe Germany-based company said it already serves 260 global capability centres (GCCs) in India, counting companies such as Mercedes-Benz, H...
RBI fines Canara Bank for violations related to KYC, inactive accountsThe Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Yo...
Now easier to enrol for NPS: Pension body launches StAR NPS for online onboardingThe Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE ...
Maharashtra's Ladki Bahin beneficiary count drops by 80 lakh after verification driveAround 80 lakh women are now ineligible for the Mukhyamantri Majhi Ladki Bahin Yojana. The Opposition claims this is due to a financial cri...
Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
80 lakh Maharashtra women ineligible for Ladki Bahin scheme; Oppn alleges financial crisisAround 80 lakh women in Maharashtra are no longer eligible for the Mukhyamantri Majhi Ladki Bahin scheme. This follows an e-KYC deadline, w...
Why investors are ready to play in global equity leagueIndian investors are increasingly looking overseas as global markets outperform domestic equities, driven by themes like AI. While internat...
Understanding India's evolving crypto discourseIndia is actively shaping its digital asset future. Authorities are implementing stricter rules for crypto platforms and transactions. Tax ...
Choosing a crypto exchange in India? Read this firstWith fees, security and ease of use all up for scrutiny, WazirX makes a strong case for being the everyday trader’s go-to platform in India...
57 per cent of organisations say hiring speed is compromising background verification processes: ReportCompanies are sacrificing thorough background checks to speed up hiring. This trend creates significant risks for organizations. Fake crede...
RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entitiesThe Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data...
Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explainedYour employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can ...
Sebi proposes to permit third-party payment in mutual funds in certain scenariosThe current regulatory framework mandates that all payments for investments in mutual funds must originate directly from the investor's own...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Nithin Kamath flags how painful it is for NRIs to invest in India; Ashish Kacholia, Shankar Sharma reactZerodha CEO Nithin Kamath highlighted the challenges NRIs face while investing in India, calling the process unnecessarily difficult despit...
RBI imposes penalty on IIFL FinanceThe Reserve Bank of India has fined IIFL Finance Rs 3.1 lakh for not returning surplus amounts from gold auctions to borrowers. Appnit Tech...