Facing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...

The Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data...

Indian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...

As Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...

India's women investors are evolving from traditional security-focused approaches to actively growing wealth, increasingly embracing Bitcoi...

West Bengal is bringing back the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana. This scheme provides cashless health insurance of up to ...

NRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...

Union Finance Minister Nirmala Sitharaman inaugurated the Indian Institute of Gems and Jewellery in Udupi. The centre provides professional...

Bengaluru residents can now download their e-Khata online. This new system uses your SAS Property Tax ID for quick access. The Bruhat Benga...

The Reserve Bank of India (RBI) has simplified KYC (Know Your Customer) rules for both new customer onboarding and updating of identificati...

Reliance Jio has halted its plan to launch express home delivery of SIM cards. This happened after the Department of Telecommunications rai...

PNB customers are requested to provide their updated information like identity proof, address proof, recent photo, PAN, income proof, mobil...

Banks have to update their database in regard to their customers' latest KYC status. This is an regulatory requirement and failure to do so...

Customers whose accounts have been due for KYC updates have received two notices at their registered addresses and SMS notifications on the...

In a letter to the telecom secretary Anshu Prakash dated April 2, the Cellular Operators Association of India (COAI) has proposed an end-to...

ACT, in a letter to Telecom Secretary Anshu Prakash, said that during this "unprecedented lockdown period", there are no options available ...

The press statement is issued in clarification with the reference to Aadhaar KYC. According to the statement, only norms related to Aadhaar...