Facing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...

Indian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...

Not having a nominee in mutual funds or demat accounts doesn’t mean your investments are lost—but it can make access difficult for your fam...

In an effort to boost entrepreneurship, the corporate affairs ministry is poised to revamp the company incorporation process. By consolidat...

Financial tasks: Proactive financial planning, from retirement savings to KYC updates and nominee details, ensures a smoother year ahead.. ...

Reserve Bank of India has updated KYC norms. Banking correspondent (BC) can now update KYC. This includes NGOs, SHGs, MFIs and even local k...

Inoperative PAN invest in mutual fund schemes: The market regulator, Securities and Exchange Board of India (Sebi), has provided relief to ...

The Securities and Exchange Board of India (Sebi), in a circular on May 14, removed the requirement for investors to link the permanent acc...

CDSL Ventures said on March 28 that investors whose KYC record meets the PAN - Aadhaar seeding validation and whose email and mobile number...

The RBI on Wednesday relaxed KYC (know-your-customer) norms to enable the process to be completed remotely and prevent banks from freezing ...

RBI also announced that limited KYC accounts opened on the basis of Aadhaar e-KYC authentication in non-face-to-face mode can be converted ...

In a move that will enable banks and fintechs onboard customers remotely, RBI has amended its norms to allow the ‘know your customer’ (KYC)...

In a step to save costs and time, the RBI decided to permit videobased KYC (Know Your Customer) which will be a huge relief to map remote c...

Companies ran the risk of losing thousands of customers if they had failed to comply with the August 31 deadline.

With the RBI saying on Monday that the extension could be used for putting in place alternative systems of completing the KYC process, the ...

E-wallet companies were caught in a bind over looming deadline as companies were apprehensive that they will not be able to meet the centra...

The stringent Know Your Customer (KYC) norms had forced banks to put off many small customers or those aspiring to be part of the banking s...