Reserve Bank of India has updated KYC norms. Banking correspondent (BC) can now update KYC. This includes NGOs, SHGs, MFIs ...

Reserve Bank of India introduces new guidelines for inactive bank accounts. Customers can now update KYC at any branch. Video KYC option is available for remote verification. Business Correspondents ...

Paytm, the operating name of One 97 Communications Limited (PAYTM.NS), shares cratered today as the Reserve Bank of India (RBI) decided to halt deposits in its digital wallet and accounts.

The Reserve Bank of India is expanding digital rupee pilots with new offline and programmable features, as digital payments ...

A panel appointed by the Reserve Bank of India (RBI) has proposed that banks should not stop operations in an account where required documents have not been submitted on time by the account holder for ...

Dehradun, India – India’s Bank of Baroda made it simple and easy for its agents to steal money from the accounts of its ... of fraud came after the Reserve Bank of India (RBI), the country ...

The Reserve Bank of India (RBI) has updated guidelines for minors' deposit accounts, allowing those aged 10 and above to independently operate savings and term deposits, subject to bank policies.

India's current account deficit widened to $9.7 billion in Q1 FY25, up from $8.9 billion a year ago, primarily due to a higher merchandise trade deficit. India's current account deficit widened on ...

MUMBAI, June 27 (Reuters) - India's current account deficit narrowed sharply in the January to March quarter, helped by a smaller trade gap and increased services exports, the Reserve Bank of ...

India’s current account deficit widened marginally last ... or 1.1% of gross domestic product in the quarter, the Reserve Bank of India said in a statement on Monday. This compares with a ...

Investopedia / Michela Buttignol The Reserve Bank of India (RBI) is the central bank of India, originally established as a private entity in 1935, then nationalized in 1949. What Is the Reserve ...

The Reserve Bank of India has proposed relaxing norms for investments in alternate investment firms by regulated entities (REs) in the aftermath of its earlier tightening bringing in financial ...