Non-residents to get full income tax exemption on profits from OTC derivative contracts traded in IFSC due to this rule ...

While the 2015 amendment aimed to make insurance claims straightforward, conflicting court rulings have left policyholders ...

As the new financial year begins in April, several important changes will take effect, directly influencing your finances.

you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary ...

Complete the form with the required information and hand it ... HDFC Bank: The Reserve Bank of India found HDFC Bank violated Know Your Customer (KYC) norms as laid down by RBI's Master Direction - ...

Upon reviewing HDFC Bank’s response and additional submissions, RBI identified two critical areas of non-compliance: Risk categorisation failure: The bank failed to categorise certain customers ...

The Reserve Bank of India has imposed a monetary penalty of Rs 75 lakh on HDFC Bank for non-compliance with certain directions of the regulator’s Know Your Customer (KYC) guidelines, RBI said on ...

A penalty of Rs 75 lakh on HDFC Bank has been imposed for non-compliance with certain directions issued by RBI on 'Know Your Customer' (KYC), the central bank said in a statement. In another statement ...