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Banks will soon implement additional KYC verification layers; review the specifics
Soon, will there be a new KYC update procedure? In an effort to improve their Know Your Customer (KYC) protocols,…
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The way a sham number placed a UAE fund in tax limbo
MUMBAI: What does a numeral represent? Abu Dhabi Investment Authority entered a fictitious mobile number ‘9999999999’ in order to transmit…
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Tata Motors will separate its automobile and commercial vehicle businesses
A leading conglomerate in India, Tata Group, is dividing its automotive business into two publicly traded entities in Mumbai. This…
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India’s growth estimate is upgraded by Moody’s to 6.8%
Based on “stronger-than-expected” economic statistics, global rating agency Moody’s increased India’s growth projection for the 2024 calendar year to 6.8%…
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RBI authorizes merger of AU Small Finance Bank with Fincare
The merger between AU Small Finance Bank and Fincare Small Finance Bank has been sanctioned by the RBI in Mumbai.…
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The largest capital in the industry of Rs 1.9k crore would go to Ananya Birla’s microfinance enterprise
MUMBAI: Ananya Birla, the founder and head of Svatantra Microfin, has finalized a deal with Advent International and Multiples for…
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‘Interoperable’ net banking payments are cleared by the RBI
MUMBAI: Governor of the Reserve Bank of India Shaktikanta Das said that the central bank has authorized a platform that…
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Elon Musk is overthrown by Jeff Bezos to become the world’s richest person
As per the Bloomberg Billionaires Index on Monday, Jeff Bezos has surpassed Elon Musk to regain his position as the…
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India’s gold price is rising today; see the 24 carat price in your city on March 5
On March 5, 2024, the price of gold in India experienced fluctuations. Nevertheless, the fundamental cost for 10 grams witnessed…
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Following the RBI’s order on the distribution of gold loans, IIFL Finance shares fell 20%; details
Following the Reserve Bank of India’s limits on further penalties and the distribution of gold loans, shares of IIFL Finance…
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