The Reserve Bank of India (RBI) has asked banks to follow know your customer (KYC) guidelines with both accuracy and empathy ...

The Reserve Bank of India is focused on plugging gaps in the know-your-customer norms by introducing stringent rules and ...

Expressing that the Union is not taking the matter seriously, the Supreme Court today granted final opportunity to the Union of India to respond to a public interest litigation seeking CBI ...

RBI fines Sundargarh District Central Co-operative Bank, Odisha Rs 3 lakh for regulatory breaches. Violations include Banking ...

RBI has been turning up the heat to strictly enforce KYC guidelines, which mandate banks and other lenders to ask for proofs ...

In-Solutions Global Ltd (ISG), a leading force in the payments industry, has been granted authorisation by the RBI to ...

The action comes days after RBI Deputy Governor Swaminathan J told bank boards to ensure that the KYC norms are followed amid ...

Reserve Bank of India (RBI) has imposed a penalty of Rs8.35 lakh on five cooperative banks, including four from Gujarat and one from Odisha, for non-compliance with the directions issued by the ...

Das highlighted the delicate balancing act required to manage inflation and growth ... ensuring that monetary policy remains ...

The Reserve Bank of India has introduced an operational framework allowing foreign portfolio investors to reclassify their investments as foreign direct investment if the prescribed limit is breached.