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No proposal to utilise unclaimed LIC, EPFO funds for other purposes: GovtUnclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts...- 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...
- Sebi unveils simpler rules for mutual fund transmission claimsMutual fund unit transmission is now simpler for nominees and joint holders. Asset management companies will rely on the latest address wit...
- Karnataka bars holders of other states' PRCs from seeking permanent resident certificateKarnataka has launched doorstep delivery for Permanent Residence Certificates. Deputy tahsildars are now authorized to issue these importan...
- Residents living within 20 km of toll plazas can now buy local passes through Rajmargyatra App: NHAIEarlier, commuters were required to visit the toll plaza physically and submit supporting documents to establish their eligibility. Under t...
- Automatic EPF transfer on switching job: Who can access this facility and who will be left out?The new EPF reforms introduce automatic fund transfers when changing jobs. This facility requires an Aadhaar-linked and KYC-compliant Unive...
- Assam Minister Kaushik Rai sets July 31 deadline for Ration Card verification; focus on eligible beneficiariesAssam Minister Kaushik Rai directed officials to finish ration card verification by July 31. This process aims to ensure only eligible bene...
- Did you receive 8.25% EPF interest today in your account? Here's how you can check itEmployees Provident Fund Organisation members anticipate receiving 8.25 percent interest today. This interest payment applies to the financ...
- PM Kisan Yojana 24th instalment date: Prime Minister Kisan Samman Nidhi Yojana eligibility, status check, how to complete e-KYCThe Pradhan Mantri Kisan Samman Nidhi scheme offers farmers income support. Eligible farmers will likely receive the 24th installment in Oc...
- 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...
- India Post's first qtr revenue crosses Rs 4,000 cr for first timeIndia Post achieved over Rs 4,000 crore revenue in the June quarter. This marks a significant first in the organization's history. Parcel a...
- 81 lakh women dropped from Ladki Bahin scheme post e-KYC, says minister; Opposition claims irregularitiesSpeaking to reporters, the women and child development minister clarified that the e-KYC process was mandatory to systematically weed out i...
- Why getting a SWP death claim is not that simple for surviving spouses and why Sebi must ensure strict adherenceIt is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not reciprocated while settling death c...
- 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...
- Global shocks may hit quarterly growth, but India's long-term outlook remains strong: PwC's RaraIndia's economic growth trajectory remains strong despite temporary global shocks. Experts project sustained growth between 6.5 and 7 perce...
- Rinki Singh and Bhartendu Shandilya position Digizene for next phase after pre-seed roundDigizene announced its Pre-Seed funding round with investment from Arun Kar. Kar also joined the company as a co-founder, bringing global e...
- 'A video on Facebook, a chat on Telegram': Deepfake Nirmala Sitharaman scam costs Bengaluru professor Rs 61 lakhA Bengaluru professor lost over sixty-one lakh rupees in a sophisticated cyber fraud. She was lured by a deepfake video featuring Finance M...
- EPFO to transfer Rs 1.4 lakh cr in interest to 340 million members by July 15The Employees' Provident Fund Organisation will auto-process 8.25% interest for FY26 by July 15. This credit will be applied to nearly 340 ...
- Strict KYC rules hit NRI equity investmentsInvestments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account openings. While global uncertaint...
- RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing FinanceThe Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Barod...
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