Regulations

Publish photographs of only Wilful Defaulters – RBI

Reserve Bank of India, on 29th September, 2016 directed banks and financial institutions to publish photographs of only wilful defaulters…

7 years ago

What is KYC and Why KYC is important for Banks

KYC or "Know your customer" is a regulatory and legal requirement. KYC is important to prevent identity theft, financial fraud, money…

7 years ago

NRO Account – Joint holding with residents

FEDAI has issued guidelines regarding joint holding in NRO accounts with residents.  The guidelines have been issued by FEDAI based…

7 years ago