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Total 234 results found. Search for [ KYC norms ]

Results 1 to 21 of 234
PTI
New Delhi, September 21, 2018
NRIs, OCIs (Overseas Citizens of India) and RIs (Resident Indians) have been permitted to hold non-controlling stake in FPIs.


Aprajita Sharma
New Delhi, September 19, 2018
Market regulator Sebi did well to promptly address concerns around its earlier circular that barred NRIs and Persons of Indian Origin from being Beneficial Owners (BO) in FPI funds investing in India.


BusinessToday.In
New Delhi, September 19, 2018
Ahead of festive showdown, Flipkart pumps in Rs 3,463 crore to boost salesFlipkart is aiming at achieving 50 per cent of all smartphone sales during the upcoming festive month. Keeping the ambitious plan in mind, Flipkart has pumped in Rs 3,463 crore into its online marketplace, Flipkart Internet. This is the first biggest capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company. RCom to exit tele...


Mail Today Bureau
New Delhi, September 19, 2018
Sebi says the mutual fund expenses will be brought down considering economies of scale. The easing of norms for FPIs is in tune with the government policy to attract foreign funds at a time when the rupee is depreciating sharply and the stock markets are on a roller coaster.


Dipak Mondal
New Delhi, September 18, 2018
The MCA officials claim that out of 33 lakh directors, only 12 lakh had completed the KYC process for free, by the last date of 15 September.


BusinessToday.In
New Delhi, September 17, 2018
Those who have failed to comply with the directive may face government action, and their accounts will be reactivated only after a fee payment of Rs 5,000 along with the requisite form.


PTI
September 9, 2018
SEBI initiated a public consultation process for finalising the new guidelines after a high-powered panel suggested changes on several contentious proposals and more time for compliance with new KYC and beneficiary ownership norms.


BusinessToday.In
New Delhi, September 6, 2018
After several objections were raised by the FPIs, the regular has now formed a working group, which will be headed by former RBI Governor HR Khan. The group will look into issues like KYCrequirement and disclosures regarding beneficial ownership.


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


BusinessToday.In
August 28, 2018
Digital payments in India is now poised for a great leap forward as global tech giants slug it out for a bigger slice of the pie.


BusinessToday.In
August 1, 2018
Paytm Payments Bank has reportedly stopped adding new users on its platform following observations made by the RBI.


BusinessToday.In
July 1, 2018
With the introduction of Virtual ID, Aadhaar number holders will have an option of not sharing their unique identity number and instead they can generate a virtual ID and share it with authentication user agencies to perform Aadhaar-based authentication.


BusinessToday.In
June 19, 2018
EPFO has reportedly proposed that its over five crore members be allowed to withdraw only 60 per cent of their PF or an amount equivalent to three months' salary - whichever amount is lower - if they are unemployed for one month.


BusinessToday.In
New Delhi, June 11, 2018
Last October, the Reserve Bank of India announced that it would allow interoperability among prepaid payment instruments (PPI) in phases, including e-wallets of private players. At the time, the expectation was that interoperability among KYC-compliant PPIs would be implemented by mid-April.


PTI
June 11, 2018



PTI
May 18, 2018



BusinessToday.In
May 1, 2018
Among other things, the market regulator made it clear that non-resident Indians (NRIs), overseas citizens of India (OCI) and resident Indians cannot be beneficial owners of FPIs.


BusinessToday.In
New Delhi, April 23, 2018
Though the Supreme Court is still hearing a clutch of petitions challenging the constitutional validity of the Aadhaar Act, the Reserve Bank of India updated its master circular on know-your-customer (KYC) norms on Friday making Aadhaar and PAN cards mandatory for bank accounts, new as well as existing ones.


PTI
New Delhi, April 21, 2018
In the amended Customer Due Diligence (CDD) procedure, RBI said, \"The Aadhaar number, the PAN or Form No. 60\" need to be obtained from an individual who is eligible for applying for the biometric ID.


PTI
April 21, 2018



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