Spending in foreign exchange through international credit cards will be covered under the RBI's liberalised remittance scheme (LRS), under which a resident can...
Regulator Irdai has constituted a task force to facilitate ease of doing Know Your Customer (KYC) by insurers using Aadhaar, the 12-digit individual...
By Dharamraj Dhutia and Siddhi Nayak
MUMBAI (Reuters) - Indian banks put forth their concerns over elevated overnight rates at a money markets association...
57% of all fraud incidents in India are 'platform' frauds: PwC IndiaHigh-balance bank accounts without updated KYC under govt's radarUPI continues to dominate...
The Insurance Regulatory and Development Authority of India (Irdai) has decided to lower the solvency requirement for surety bonds to 1.5 times, from...
Today, the Biden-Harris Administration is announcing more than $95 million in awards across 35 states to increase access to school-based mental health services...