The RBI warned banks and finance companies to prudently manage unsecured exposure levels to avoid systemic risks. Despite rising bank profi...

The Reserve Bank of India has flagged concerns regarding gold loans issued through fintech partnerships and business correspondents. Key is...

NRIs looking to invest in the Indian stock market can now easily do so through NRI demat accounts. It is critical to understand the differe...

The report identifies the key challenges faced by merchants and consumers in the adoption of digital payment services at the grassroots lev...

Banks will deactivate or blacklist FASTags with a legitimate balance but inadequate KYC after January 31, 2024. Here is how to do KYC for F...

Here's a look at some of the major changes including NPS partial withdrawal, IMPS new update, SBI home loan campaign offer, Punjab and Sind...

Chinese loan apps, operated by Chinese criminal syndicates and gangs, are causing significant financial losses in India. Pavan Duggal, a cy...

Noting that addresses form a critical part of the KYC procedures, Sebi said that every address recorded for the purpose of compliance with ...

The government on Tuesday said that existing laws are inadequate to deal with cryptocurrency. It has proposed to introduce a legislation to...

The high cost of logistics and setting up manual verification centres has hit mobile wallet firms hard as unlike banks, they don’t have phy...

"If funds receive inflows through banks without a second KYC, it will be a game changer," says Nimesh Shah, MD & CEO, ICICI Prudential AMC.

Customers often fall prey to various types of frauds such as money muling, among others, largely due to inadequate awareness both within ba...

RBI scrutinised the fixed deposits opened by certain public sector banks in Mumbai-based branches in July last year.

The central bank scrutinised the fixed deposits opened by certain public sector banks in Mumbai based branches in July 2014.

"Finance minister in his maiden budget speech had announced the concept of Universal KYC and a single demat account across asset classes," ...

Chakrabarty, who is known for speaking his mind candidly, added that the purpose of the fine should be only for "naming and shaming" the of...

Close on the heels of introducing daily concurrent audits and strengthening its internal audit norms, the National Securities Depositories ...