These amendments by RBI are in line with the 2024 notification of the Prevention of Money Laundering (Maintenance of Records) Rules, 2005.

While the RBI pulled up Paytm Payments Bank, which is owned by Paytm (49% stake) and its founder Vijay Shekhar Sharma (51% ...

Addressing inflation concerns, RBI Governor Shaktikanta Das emphasised that while the stance aims to support growth, a rate ...

Financial markets are now pricing in nearly a 98% possibility of a quarter point reduction and near 70% odds of a ...

A collection of the most-viewed Moneycontrol videos. Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting ...

The Reserve Bank of India (RBI) has announced amendments to the Master Directions on Know Your Customer (KYC) on November 6, 2024 and the amended provisions in the Master Direction shall come into ...

Reserve Bank Governor Shaktikanta Das on Wednesday said the incoming data on economic growth is “mixed”, but the positive ...

A jeweller in Mumbai was tricked by a man posing as an RBI employee, who used fake payment receipts to steal gold worth ₹1 lakh.

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

Mumbai: Reserve Bank of India Governor Shaktikanta Das on Wednesday said that although the central bank had shifted towards a softer neutral monetary policy stance to spur growth, this did not ...

While other fast-food brands have been struggling with sales declines and other financial woes, these two chains have been ...

If a current customer who is compliant with KYC regulations at a financial institution wishes to open another account or apply for additional products or services, there is no requirement for a new ...