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RBI KYC DIRECTIONS
RBI proposes 60-day temporary debit hold on suspicious money mule transactions: Key things you need to know about RBI’s KYC directionsThe Reserve Bank of India has announced proposed regulations concerning money mule accounts, allowing banks to implement temporary debit ho...- RBI proposes framework to freeze only disputed amounts instead of entire accounts in cyber fraud casesBanks will soon freeze only disputed transaction amounts, not entire accounts. AI systems will monitor unusual transfers of one thousand ru...
- GFF 2026: SBI sees FCNR liquidity deployment taking 3-4 months, eyes agentic AI for bankingState Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...
- Can an NRI be a nominee for PPF, NSC or SCSS? Here’s what happens to the money after the account holder diesNRIs can now be nominees for India's small-savings schemes like PPF and NSC, a change from 2023. While they can receive proceeds, repatriat...
- Faster KYC, nods key to boosting FDI flows: Piyush GoyalThe minister was speaking at the end of his official visit to Japan, where he held a series of high-level engagements aimed at accelerating...
- Banks, FIU-IND work on sharper framework to flag money mule accountsBanks are enhancing suspicious transaction reporting for money mule accounts. They aim for better analysis and pattern identification by th...
- ‘Crypto today is where mutual funds were in 1995’: BitDelta India CEO on digital assets and their role in your portfolioVikaas M. Sachdeva, CEO of BitDelta India, talks to Abhinav Kaul about his journey from mutual funds and PMS to crypto, and where digital a...
- ETMarkets NRI Talk| Rs 1 crore, 5-7 years: How NRIs should allocate across Indian equities, bonds, gold and alternatives, says Rohit SarinNRIs investing in India should assess their global portfolio, existing India exposure, liquidity, risk appetite, taxes and repatriation nee...
- RBI imposes penalty on Progfin, Shri Ram Finance Corporation for non-complianceThe Reserve Bank of India recently levied fines on two financial firms for regulatory failures. Shri Ram Finance Corporation was penalized ...
- The UK pension pot question: Why 2026-27 is the year to decideStarting April 2027, UK pension pots will be subject to inheritance tax, prompting a reevaluation of legacy planning strategies. For Indian...
- ET Analysis: RBI’s FCNR U-turn dents policy certaintyThe RBI’s early closure of its special FCNR(B) deposit swap window has raised concerns over policy certainty. Banks had mobilised $52.3 bil...
- Home loan EMI, amortisation and prepayment- The mathematics every borrower in India must understandUnderstanding home loan mechanics helps borrowers reduce total borrowing costs. The reducing balance method ensures interest decreases as t...
- IndusInd Bank customer loses Rs 2.3 lakh in 18 minutes to a KYC scam: Court orders refund; says banks, not customers, are responsible for unauthorised transactionsIndusInd Bank ordered to refund after customer loses Rs 2.3 lakh to a KYC scam: A Delhi consumer commission has ordered IndusInd Bank to re...
- RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...
- RBI steps up scrutiny of Corporate India's foreign investmentsIndian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations wit...
- Is enforcement of banking regulations ownership neutral?Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout...
- How RBI’s 2026 TReDS directions advance the MSME financing reformWith the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move f...
- A complete guide for NRIs to invest in government securities via RBIInvesting in government securities via RBI's retail direct platform benefits NRIs and OCIs, offering no fees and multiple investment option...
- How can an NRI open a RBI retail direct account to invest in government bonds and T-bills?An non resident Indian (NRI) can open Reserve Bank of India's retail direct account in order to invest in government securities, state deve...
- How to register for RBI Retail Direct scheme to invest in government securities?Individuals who are retail investors are permitted to open an RDG account. An RDG account can be opened individually or in partnership with...
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