#MCPersonalFinance: Concerned about updating your #KYC details for your #bank account in this #pandemic? The RBI has announced a string of initiatives to enhance video KYC.
https://www.moneycontrol.com/news/business/personal-finance/rbi-relaxes-kyc-norms-till-end-of-year-heres-what-bank-account-holders-must-know-6858211.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/personal-finance/rbi-relaxes-kyc-norms-till-end-of-year-heres-what-bank-account-holders-must-know-6858211.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI relaxes KYC norms till end of year: Here’s what bank account holders must know
The central bank has indicated that no punitive restriction on operations of customer accounts shall be imposed by banks till December 31, 2021. Account holders are expected to update their KYC during this period
#MCPersonalFinance: The central bank has eased the norms for the know-your-customer (#KYC) process of #banks. Here's what #bank customers be aware of.
https://www.moneycontrol.com/news/business/personal-finance/rbi-amends-kyc-norms-heres-what-bank-customers-must-know-6882961.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/personal-finance/rbi-amends-kyc-norms-heres-what-bank-customers-must-know-6882961.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI amends KYC norms: Here's what bank customers must know
Video KYC, will now be considered on par with the face-to-face customer identification process
The RBI imposed a monetary penalty of Rupees two lakh on Pune People’s Co-operative Bank for violation of certain norms related to ‘KYC'
Read at
https://www.moneycontrol.com/news/business/rbi-imposes-monetary-penalty-on-pune-peoples-co-operative-bank-7797571.html?utm_source=telegram&utm_medium=social
#cooperativebanks #KYC #RBI
Read at
https://www.moneycontrol.com/news/business/rbi-imposes-monetary-penalty-on-pune-peoples-co-operative-bank-7797571.html?utm_source=telegram&utm_medium=social
#cooperativebanks #KYC #RBI
Moneycontrol
RBI Imposes Monetary Penalty On Pune People’s Co-operative Bank
The penalty of Rupees two lakh has been imposed for violation of certain norms related to ‘Know Your Customers’, said the RBI.
#CryptoWithMC | IndiaTech, an industry association representing consumer internet startups, has written to FM @nsitharaman, seeking clarity on crypto taxation in #UnionBudget 2022-23.
Read at
https://www.moneycontrol.com/news/business/cryptocurrency/indiatech-writes-to-finance-minister-seeks-clarity-on-crypto-tax-rules-in-budget-7913691.html
#CryptocurrencyBill #GST #IndiaTech #KYC
Read at
https://www.moneycontrol.com/news/business/cryptocurrency/indiatech-writes-to-finance-minister-seeks-clarity-on-crypto-tax-rules-in-budget-7913691.html
#CryptocurrencyBill #GST #IndiaTech #KYC
Moneycontrol
IndiaTech Writes To Finance Minister, Seeks Clarity On Crypto Tax Rules In Budget
The forum also urged the finance minister to grant cryptocurrencies recognition as digital assets, and not as currencies. Currently, there is no certainty as to how cryptocurrencies are taxed in India, mainly because of confusion on whether they should be…
#RBIMonetaryPolicy | #RBI is working to plug the #KYC loopholes after customers complained of loans being sanctioned to unknown individuals using their #PANCard through Indiabulls Dhani.
Details at 👇
https://www.moneycontrol.com/news/business/rbi-policy-digital-lending-guidelines-likely-to-be-issued-in-2-months-says-governor-shaktikanta-das-8334781.html?utm_source=telegram&utm_medium=social
Details at 👇
https://www.moneycontrol.com/news/business/rbi-policy-digital-lending-guidelines-likely-to-be-issued-in-2-months-says-governor-shaktikanta-das-8334781.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI Policy: Digital lending guidelines likely to be issued in 2 months, says Governor Shaktikanta Das
The RBI is working to plug the KYC loopholes after customers complained of loans being sanctioned to unknown individuals using their PAN card through Indiabulls Dhani