If you are a ‘Low Risk’ Customer, Banks should update your KYC only once every 10 years
The KYC directions from the RBI clearly state that the KYC process should follow risk…
Browsing: finance
How much do various countries contribute to the UN Budget?
An updated version of this story is available here The United Nations is the foremost…
Here is the list of Government Incentives for Digital Transactions
Here is the list of incentives announced by the government for Digital Transactions [orc]
Latest updates on the Demonetization of Rs 500 and Rs 1000 notes (updated on 31st December 2016)
Here is the latest on the demonetization issue with detailed information on various limits as…
More than 1/3rd of the new Bank branches opened in the last 3 years were in Rural areas
Between 2013-14 and 2016-17 (up to June), more than 24000 new bank branches of SCBs…
What does the Reserve Bank of India do?
What exactly does the Reserve Bank of India(RBI) do? What are its functions? Know all…
What is the capacity of our Currency Printing Presses?
In terms of value, Rs 500 & Rs 1000 notes made up for more than…
What to expect from the Banks after the Government ban on 500 and 1000 rupee notes?
Expect heavy rush & chaos at the Bank Branches today. Go prepared and follow the…
All you need to know about the withdrawal of the old Rs 500 & Rs 1000 notes
Worried about the withdrawal of the old Rs 500 and Rs 1000 notes? Here is…
10% of the ATMs will now dispense ₹ 100 notes exclusively
The Reserve Bank of India has now directed banks in the country to calibrate their…
