Search result for 'digital onboarding'

Sebi relaxes re-KYC for NRIs, removing physical presence requirement for digital verification. Making the process smoother and more accessible.

Sebi proposes relaxing geo-tagging for NRI clients during KYC/re-KYC via digital onboarding. Simplifies compliance for overseas investors.

Wise launches travel card in India for seamless international payments. Spend in 40+ currencies with mid-market exchange rates and low fees.

Finance Minister Nirmala Sitharaman pushes for faster refunds of unclaimed deposits and streamlined KYC processes. Regulators urged to expedite claims and improve digital onboarding.

Indian Overseas Bank launches Aadhaar-OTP based account opening and API banking services to simplify banking for individuals and corporates. The bank's new digital onboarding process adheres to RBI...

State Bank of India (SBI) introduces two new deposit schemes, Har Ghar Lakhpati for recurring deposits and SBI Patrons for senior citizens, offering enhanced interest rates and financial flexibility.

Kotak Mahindra Bank reported a 79% jump in Q1 profit, driven by a stake sale in its insurance arm and strong subsidiary performance. RBI restrictions impacted standalone growth.

Sebi relaxes digital onboarding process for portfolio managers' clients, simplifying the process and addressing operational challenges. The changes will come into effect from October 1.

Sebi mandates registration of PMS distributors with APMI, promoting collective oversight and ease of doing business for portfolio managers. This move aligns with the mutual fund industry practice...

Sebi proposes mandatory registration of PMS distributors with APMI to promote collective oversight and ease of digital onboarding for clients. This follows the Finance Minister's budget...

LIC Housing Finance plans to increase affordable housing loans to 20-25% of its loan book within two years, driven by government initiatives and strong market demand.