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No punitive action if KYC not done: RBI
On April 30 State Bank of India had asked for KYC documents by post and e-mail last week after Money9 pointed out that the bank was asking customers t
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Will continue to be CEO of Kotak Mahindra Bank till December 2023: Uday Kotak
Kotak Mahindra Bank's head Uday Kotak on Monday said his current term as the managing director and chief executive is till December 2023 and the board
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IDBI Bank back in black in FY21 after five years, posts profit of Rs 1,359 crore
IDBI Bank's total income during Q4FY21 rose to Rs 6,969.59 crore from Rs 6,924.94 crore in the same period of 2019-20
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Go for a ‘credit freeze’ if you want the protection of credit data
A credit freeze protects your credit report from any possible data breach. It eliminates the possibility of a scamster or fraudster beginning a credit
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RBI taking steps to ensure your money is safe, here’s how
The RBS model is a comprehensive system that assesses risks within the financial system by focussing more on the resolution of those risks.
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SBI YONO launches video KYC-based opening of savings account
The bank introduced this latest feature to help customers open an account without having to visit the bank branch.
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RBI cancels licence of Bhagyodaya Friends Urban Co-operative Bank
RBI said the lender does not have adequate capital and earning prospects and as such, it does not comply with the various provisions of the Banking Re
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RBI sets up RRA to streamline regulations and reduce compliance
Reserve Bank of India Deputy Governor M Rajeshwar Rao has been appointed as the Regulations Review Authority
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E-wallets vs bank accounts: Which one suits you the best?
Unlike bank accounts, one does not need to have a minimum balance to keep his or her e-wallet account active
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Systemic risk in Indian banks to remain high: S&P
S&P Global Ratings believes systemic risks facing banks in India are likely to remain high in the wake of the second wave of COVID-19 infections and a
