Regulated Entities (RE) shall adopt a risk-based approach for periodic updation of KYC. However, periodic updation shall be carried out at least once every two years for high-risk customers, once ...

Market regulator Securities and Exchange Board of India (Sebi) has made some changes in in the Know Your Client (KYC) documentation. From April 1, that is the new finanical year, the Sebi has limited ...

Keeping finances organized is essential, yet challenging. Closing inactive bank accounts can simplify this process, but ...

Banks and credit unions are legally required to share certain financial information with the U.S. government. This includes interest income (reported to the IRS), large cash transactions over $10,000 ...

The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a national financial inclusion initiative launched by the Government of India to ensure that every citizen has access to basic banking facilities. It ...

PNB has warned its customers to be careful when updating their KYC details. The Bank has asked them to be cautious of emails or messages with links that ask you to update your KYC details. Make sure ...

Securities and Exchange Board of India (Sebi) made changes in the Know Your Client (KYC) documentation owing to which from April 1 the range of documents accepted for proof of identity or address has ...