New guidelines have been introduced by the Reserve Bank of India (RBI) for the Domestic Money Transfer (DMT), which would ...

Indian lenders are bracing for another wave of defaults in their microfinance portfolios in the second half of the fiscal year after the banking regulator recently further tightened rules for such ...

On November 6, 2024, the Reserve Bank of India (RBI) declared changes to the Master Directions regarding Know Your Customer ...

A key change involves major amendments to the Master Direction - Know Your Customer (KYC) Direction, 2016. The Master Direction - KYC Direction, 2016, issued by the RBI, serves to regulate and ...

The Reserve Bank of India has updated its Know Your Customer (KYC) guidelines to align with recent amendments in anti-money laundering laws. Regulated entities can now apply customer due diligence at ...

The revised regulations are intended to improve the security of domestic money transfers and ensure compliance with current ...

This move is part of the RBI’s strategy to strengthen the nation’s gold reserves, While there are global economic ...

Can Razorpay balance its push for revenue across borders and verticals, with the regulatory reality for fintech in India and ...

The Reserve Bank of India (RBI) on Wednesday maintained its benchmark interest rate at 6.50% for the tenth successive monetary policy review since April 2023 but opened the door for a rate cut in ...

The Reserve Bank of India has announced updated guidelines for entities seeking authorization as Central Counterparties (CCPs ...

Australia head coach Andrew McDonald labelled the absence of Mohammed Shami during the marquee Border-Gavaskar Trophy next month as a huge loss for India, but stressed that the hosts will not ...

The card earns bonus points for travel and dining-related spending, which can be redeemed for more value through Chase. It piles on the perks, too, but they come at a price. With a big sign-up ...