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CENTRALISED ELECTRONIC REGISTRY
Voluntary business closure time down to 93 days from 499 in FY22: Ministry of Corporate AffairsThe Ministry of Corporate Affairs revealed that the average time to voluntarily close a business decreased to 93 days last fiscal, down fro...- Ayushman coverage to all over 70 years, roll out of U-WIN in health ministry's 100-day agendaThe new government under Narendra Modi aims to extend Ayushman Bharat coverage to individuals above 70 years and implement the pan-India ro...
- KYC rules to change: Uniform KYC for all — opening bank account to buying insurance to investing in stocks, mutual fundsIn its recent meetings, FSDC, chaired by Finance Minister Nirmala Sitharaman, proposed to bring uniform KYC to verify customers, ease inter...
- With Big Tech ousted, what’s next for internet grouping IAMAIEarlier this week, the Internet and Mobile Association of India (IAMAI) elected a new 24-member governing council – and from that, a four-m...
- Banks, lenders wary as RBI tags C-KYC high risk; Snap bulking up India team in monetisation pushCentralised Know Your Customer (C-KYC) database, which was conceived as a solution to KYC challenges faced by financial institutions, has b...
- Budget 2023: fiscal support for digital payments ecosystem to continueHighlighting achievements of the Union government since 2014, she added that the economy has clocked 7,400 crore digital payments worth Rs ...
- Banks in talks with NESL to set up loan registry, information utility"The aim is to increase the efficiency in exchange of information in the consortium arrangement," said a senior bank executive aware of the...
- KYC: Your gateway to the world of financeCustomers often find it very tedious and irritating when they are asked to either complete or update their KYC. However, they must understa...
- KYC details can be updated by Dec 31; select limited KYC a/cs can be made fully compliant: RBIRBI also announced that limited KYC accounts opened on the basis of Aadhaar e-KYC authentication in non-face-to-face mode can be converted ...
- View: Demonetisation has set off chain reactions in banking, real estate, the wedding industryThe number of bank accounts, their balances and the number of transactions will rise sharply.
- KYC norms maybe a major impediment for payment banksThe idea is to streamline the KYC process and avoid duplication of KYC for customers at multiple agencies.
- Soon, single RTO visit will be sufficientUnder the "citizen-centric" initiative, all data relating to drivers and vehicles will be centralised, something that will immensely help e...
- E-filing your income tax returns is cheap, convenient and easyOpting for the online route to file your income tax returns is cheap, convenient and as easy as learning the alphabet
- Ending Benami: Electronic registry of property may curb menaceA centralised electronic registry of property titles can curb the menace.
- Annual Monetary and Credit Policy for the year 2003-2004Following is the full text of the Monetary and Credit Policy for the year 2003-'04 announced by Reserve Bank Governor Bimal Jalan on Tuesda...
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