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SEBI simplifies KYC norms for onboarding customers
Now, as per its recent circular, KRAs can authenticate the customer’s identity within 2 days of them submitting documents. Additionally, KRAs can begin the customer validation process after their account has already been opened.
Money9August 11, 2023/8:15 PM IST -
Factory output growth for June at 3.7%
The factory output growth in terms of the Index of Industrial Production stood at 12.6% in June 2022 due to a lower base effect
Money9August 11, 2023/8:11 PM IST -
Parliamentary panel wants air fares capped
Lawmakers have suggested capping fares to prevent unreasonale spikes during busy days
Money9August 11, 2023/6:37 PM IST -
Three more banks raise lending rates
Three more banks have raised the MCLR which will lead to higher EMIs by customers
Money9August 11, 2023/5:57 PM IST -
After laptops, cameras, printer import may face ban
To promote manufacturing of the items on Indian soil, the government wants to apply production-linked-incentive scheme to spice up its offer
Money9August 11, 2023/2:50 PM IST -
Fast-moving relief: FMCG clocks higher growth rates in Q1 both in volume and value terms
The fast-moving consumer goods (FMCG) in the country, according to NIQ India report, expanded 12.2% in value terms in the April-June quarter of the current financial year, clocking a rate higher both in sequential and year-on-year terms and triggering a signal that the declining inflation during that period provided some relief to the common man’s stressed pocket.
Money9August 11, 2023/1:24 PM IST -
Invest through STP, not lump sum
A mutual fund investor must transfer funds to the target scheme at least 6 times, and there is no maximum limit for transfers.
Money9August 11, 2023/10:08 AM IST -
Decoding the OPD in health insurance policy
You cannot claim the entire sum insured for your OPD expenses. Policies have a sub-limit or a ceiling under this head, which specifies how much of the total SI you can demand as OPD expenses.
Ira PuranikAugust 11, 2023/8:15 AM IST -
Are you a celebrity? ASCI will decide
The circular places the obligation of due diligence before endorsing a product. Any testimonials or opinions made during such endorsement such be genuine, stemming from their own experience.
Ira PuranikAugust 11, 2023/8:00 AM IST
