The Reserve Bank of India (RBI) has unveiled a comprehensive set of security initiatives for 2024 aimed at strengthening the digital banking and payments ecosystem in India. The measures build upon ...

The Reserve Bank of India (RBI) announced on Friday ... Services—Basic Savings Bank Deposit Account (BSBDA)’, ‘Know Your Customer’, and ‘Loans and Advances—Statutory and Other ...

The Reserve Bank of India made the Know Your Customer (KYC) process mandatory in 2002 for the customers before they begin their investing journey. All the banks had to be KYC-compliant by December ...

eKYC, often called paperless KYC, is the process of electronically verifying the customer’s credentials. This is mandatory for everyone to avail of the services from any financial institution.

In other news, the Reserve Bank of India (RBI) has launched a new system to help protect mobile users from financial scams disguised as calls from banks. They have set up two special phone number ...

With Karl-Anthony Towns shelved because of an injured thumb, Achiuwa, the Knicks’ lone frontcourt reserve behind starter Jericho Sims, played all but a few seconds of the fourth quarter and ...

Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been allowed to slide more freely. Tight liquidity will not bind the Reserve ...

Jung Jinyoung and TWICE’s Dahyun’s Korean adaptation of “You Are the Apple of My Eye” has released a new poster ahead of its confirmed release date! Adapted from the popular Taiwanese ...

Not long ago, Memphis Grizzlies star point guard Ja Morant told the media he was done dunking the ball and was focused on staying healthy. So much for that. Up 122-111 over the San Antonio Spurs ...

Posters referring to the building as “Sardar Manmohan Singh Bhawan” were spotted near the site. Supporters of the late former Prime Minister Dr Manmohan Singh, who passed away on December 26 ...

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...

To ease liquidity tightness in the banking system, the Reserve Bank of India (RBI) has decided to conduct daily Variable Rate Repo (VRR) auctions until further notice. The first such auction will ...