MCA records 22.98 lakh directors KYC filings in six months of FY25, more than in entire FY24

Oct 02, 2024

The Ministry of Corporate Affairs (MCA) has observed a total of 22.98 lakh DIR-3 KYC (Know Your Customer) forms submitted as of September...

Govt clarifies KYC needed only for cash purchase of jewellery above Rs 2 lakh

Jan 09, 2021

New Delhi [India], January 9 : The Department of Revenue (DoR), Ministry of Finance has clarified that any purchase of gold, silver, jewellery, or...

RBI imposes Rs 25 lakh penalty on Axis Bank

Sep 02, 2021

Mumbai (Maharashtra) [India], September 2 : The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector...

RBI imposes monetary penalty on Bank of India

Jul 08, 2022

Mumbai (Maharashtra) [India], July 8 : The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 70...

J-K: Anantnag police conducts inspection of SIM vendors to curb 'misuse'

Dec 21, 2024

"The inspection focused on verifying adherence to Know Your Customer (KYC) norms, proper documentation, and preventing unauthorized issuance of SIM cards. Vendors were monitored...

RBI imposes monetary penalty on IndusInd Bank

Jul 04, 2022

Mumbai (Maharashtra) [India], July 4 : The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1...