Tag: Banks

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RBI relaxes alternate fund norms for lenders

MUMBAI: RBI has relaxed its earlier norms on alternate funding funds, which required lenders to make full provisions for their investments in AIFs...

Paytm to partner 4 banks for UPI

MUMBAI: One97 Communications is probably going to partner SBI, HDFC Bank, Axis Bank and Yes Bank to settle UPI transactions as soon as...

RBI asks banks to check end use of card payments

MUMBAI: RBI has requested credit score card issuers to arrange a system that may confirm the end use of funds to preserve a...

Are banks, stock market closed on March 8? Check state-wise holiday list

In observance of Mahashivratri, Banks will stay closed in a number of states throughout India. It will likely be a three-day prolonged weekend...

Soon, banks to add additional KYC verification layers; check details

New KYC updation course of quickly? Banks are engaged on strengthening their KYC (Know Your Customer) requirements by including additional verification layers to...

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Industry’s share in bank credit shrinks to 23%: RBI

MUMBAI: Bank loans to the providers and agriculture...

Incomplete KYC: 1.3 crore investor accounts on hold

MUMBAI: KYC registration entities, KRAs in market parlance,...

Marcus Stoinis, Mohsin Khan power Lucknow Super Giants to 4-wicket win over Mumbai Indians

Stoinis slammed a superb half-century to information LSG...

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