Searched for
MUMBAI MONEY CHANGERS
Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...- What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
- RBI introduces specific turnover thresholds for money changersThe Reserve Bank of India has introduced new rules for the money changing sector, emphasizing banking principles and setting a ₹10 crore an...
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- In hawala universe, it's a partial eclipse of dollarThe Indian money market's hawala sector is experiencing an unusual discount on the dollar-rupee exchange rate, a shift attributed to stalle...
- Stablecoin falters as USDT premium collapses, disrupting NRI remittance channelMoney changers' innovative plan to use stablecoins for NRI remittances is facing disruption. The usual premium on USDT over the US dollar h...
- Money changers can issue pre-paid instruments to tourists: RBIBesides, it also allowed government departments to draw cash beyond the stipulated limit of Rs 10,000, in exceptional cases, only on produc...
- Foreign tourists allowed to buy INR against debit cardsReserve Bank today allowed authorised money changers (AMCs) to sell Indian rupees to foreign tourists against international debit cards.
- Tata Teleservices, ICICI Bank tie up for money transfer serviceTTL through its subsidiary MMP Mobi Wallet Payment Systems has tied up with ICICI Bank for money transfer service.
- Bahrain remittance provider opens India branchTo cash in on the rising remittance flow into the country from its soil, the Bahrain Financing Company (BFC) Forex, a part of the BFC Group...
- RBI relaxes norms for AMCs to open branchesReserve Bank of India has allowed authorised money changers to open additional branches in metros without adhering to the old criteria.
- RBI asks money changers to report suspicious deals in 7 daysThe cental bank said non-compliance with the guidelines would attract penal provisions.
- Rel Money exits Wall Street Finance; sells 36.8 pc stakeAnil Ambani group firm Reliance Money has exited financial services firm Wall Street Finance through sale of its entire 36.8 per cent stake...
- Rush to sell dollar as rupee tumblesBanks and money changers are facing record sales of dollars and other foreign currencies. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ...
- RBI proposes tough norms for money changing operationsMoney changers will be required to report all suspicious transactions involving sale or purchase of foreign currency to watchdog Financial ...
- Forex trade goes haywireThe foreign exchange business went into a tizzy on Friday as a service tax on forex broking services came into effect.
- RBI relaxes money changing norms for foreigners, NRIsRelaxing the anti-money laundering guidelines, the Reserve Bank allowed foreigners and Non-Resident Indians (NRIs) to receive cash payment ...
- VKC Credit promoters may offload up to 25%The promoters of Chennai-based VKC Credit & Forex Services, one of India’s largest money changers, are planning to offload up to 25% of the...
- RBI mandates tougher identity norms to check money launderingThe Reserve Bank of India (RBI) has further tightened anti-money laundering norms for all authorised entities dealing in foreign exchange.
- RBI cautions against use of e-gold as currencyReserve Bank of India cautioned banks, money changers, financial institutions and the public against the use of e-gold as currency in their...
Load More
