News for 'KYC'

Heard about new-age barter platforms?

Heard about new-age barter platforms?

Rediff.com5 Jan 2019

In barter, you have the choice of picking up a product that's available with the barter company in exchange for the stuff you want to discard.

Predict! What the FinMin/RBI will come up with next!

Predict! What the FinMin/RBI will come up with next!

Rediff.com21 Dec 2016

What surprises will the finance ministry and the RBI spring on us next? Put on your thinking caps and predict the next boomerang coming our way!

This mutual fund can make your parents rich

This mutual fund can make your parents rich

Rediff.com25 May 2017

UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.

Software lobbyist group co-founder turns troll for Aadhaar

Software lobbyist group co-founder turns troll for Aadhaar

Rediff.com24 May 2017

Sharad Sharma, co-founder and governing council member at iSPIRT, on Tuesday admitted using anonymous accounts to troll on social media those who raised questions on Aadhaar and its applications by the government.

'All we need is cash!'

'All we need is cash!'

Rediff.com11 Nov 2016

Day Two after the banks reopened following the prime minister's demonitisation announcement, the scenario remained just as chaotic as Day One, reports A Ganesh Nadar/Rediff.com.

Jolt for Subrata Roy, as Aamby Valley goes under the hammer

Jolt for Subrata Roy, as Aamby Valley goes under the hammer

Rediff.com14 Aug 2017

The liquidator said the properties are being sold under two distinct phases over a period of two days

Sebi to take up Chandrasekhar panel report on Jun 25: FM

Sebi to take up Chandrasekhar panel report on Jun 25: FM

Rediff.com13 Jun 2013

The panel also suggested that Know Your Client rules should be based on the risk profile of investors.

Want to earn 12%-36% return as a lender?

Want to earn 12%-36% return as a lender?

Rediff.com6 Jun 2018

Lending on peer-to-peer platforms is fraught with higher risks but investors can earn as much as 12% to 36%.

PNB fraud: More heads to roll in the jewellery sector

PNB fraud: More heads to roll in the jewellery sector

Rediff.com19 Feb 2018

Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks

Parliament passes Aadhaar amendment bill

Parliament passes Aadhaar amendment bill

Rediff.com8 Jul 2019

The Aadhaar and Other Laws (Amendment) Bill, 2019 was passed in Rajya Sabha by a voice vote, although many parties including the Trinamool Congress and Dravida Munnetra Kazagham opposed it citing various reasons, including apprehensions data theft.

'We are ready for GST rollout from April 1, 2016'

'We are ready for GST rollout from April 1, 2016'

Rediff.com18 Aug 2015

The IMG meeting will be convened shortly.

16 things to make 2016 sweet for the market

16 things to make 2016 sweet for the market

Rediff.com1 Jan 2016

The Street is never short of hope and events to look forward to

'Guests can give shagun through debit card machines...'

'Guests can give shagun through debit card machines...'

Rediff.com25 Jan 2017

Kishore Singh's encounters with post 8/11 India.

Note ban boosted fake notes, suspicious transactions, reveals FIU report

Note ban boosted fake notes, suspicious transactions, reveals FIU report

Rediff.com20 Apr 2018

'The number of STRs received in 2016-17 is 4,73,006 which is more than four times as compared to 2015-16 and this increase is attributed to demonetisaton exercise...,' the Financial Intelligence Unit's report has said.

Don't touch transaction tax, capital gains regime: Brokers

Don't touch transaction tax, capital gains regime: Brokers

Rediff.com13 Jan 2017

A key demand is to reduce the dividend distribution tax on listed firms.

UIDAI files case for alleged misuse of Aadhaar data

UIDAI files case for alleged misuse of Aadhaar data

Rediff.com5 Apr 2018

UIDAI has asked police to investigate, it was not fully convinced about nature of the incident

Markets fall for 6th straight session; Sun Pharma dips 2%

Markets fall for 6th straight session; Sun Pharma dips 2%

Rediff.com21 Dec 2016

Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016

Why Jan Dhan scheme is keeping bankers worried

Why Jan Dhan scheme is keeping bankers worried

Rediff.com20 Nov 2014

Relaxation in KYC guidelines has helped meet the target but this could lead to money laundering and financial malfeasance, it is feared.

Repo Rate unchanged, but it's still a good time to transfer or pre-pay your loans

Repo Rate unchanged, but it's still a good time to transfer or pre-pay your loans

Rediff.com7 Apr 2017

MCLR-linked loans are more responsive to RBI's rate movements, and rate cuts may be transmitted to borrowers in a manner useful to them.

'Budget 2018 certainly obliged the masses'

'Budget 2018 certainly obliged the masses'

Rediff.com20 Feb 2018

It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.

Sensex logs 5th straight day loss as rupee woes continue

Sensex logs 5th straight day loss as rupee woes continue

Rediff.com4 Sep 2018

The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.

The future of digital payment

The future of digital payment

Rediff.com6 Oct 2016

E-commerce companies have understood the importance of having their own in-house wallet, explaining their acquisition spree, says Manoranjan Mohapatra.

Penniless in the middle of the month? Check out these loan options

Penniless in the middle of the month? Check out these loan options

Rediff.com6 Oct 2016

Short-term loans from NBFCs can be more convenient but come at higher cost

Uniform tax rate for foreign portfolio investors

Uniform tax rate for foreign portfolio investors

Rediff.com29 Jan 2014

The new system would be especially beneficial for Qualified Foreign Investors.

EPFO settles 11 lakh claims in July, 43 lakh since April

EPFO settles 11 lakh claims in July, 43 lakh since April

Rediff.com6 Aug 2014

EPFO has recently issued Universal PF Account Numbers for 4.17 crore contributing members.

Buying a car vs leasing it: The pros and cons

Buying a car vs leasing it: The pros and cons

Rediff.com3 Apr 2018

Besides the thrill of changing cars quite often, a higher tax deduction is available, experts tell Tinesh Bhasin

Aadhaar must for opening bank a/c, transaction over Rs 50K

Aadhaar must for opening bank a/c, transaction over Rs 50K

Rediff.com16 Jun 2017

The government in Budget 2017 has already mandated seeding of Aadhaar number with Permanent Account Number to avoid individuals using multiple PANs to evade taxes.

Sebi unveils slew of reforms; PSUs to have 25% public holding

Sebi unveils slew of reforms; PSUs to have 25% public holding

Rediff.com19 Jun 2014

Besides, non-promoters with more than 10 per cent stake in the company would also be allowed to tap the OFS route.

Sebi board to meet on June 19; slew of reforms on agenda

Sebi board to meet on June 19; slew of reforms on agenda

Rediff.com18 Jun 2014

The draft regulations in this regard are expected to be approved by the board during the meeting.

Now, you can avail a home loan online!

Now, you can avail a home loan online!

Rediff.com5 Aug 2016

For those who find the online facility difficult, there is an electronic tutorial, and staff to assist you.

Don't misread Supreme Court order, Aadhaar not a must

Don't misread Supreme Court order, Aadhaar not a must

Rediff.com18 Sep 2017

The DoT is wrongly asking subscribers to link their mobile numbers to Aadhaar in order to keep them active, says Gopal Krishna.

'You never know what notification will come on Friday'

'You never know what notification will come on Friday'

Rediff.com22 Dec 2016

'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'

59 government U-turns on demonetisation

59 government U-turns on demonetisation

Rediff.com21 Dec 2016

The finance ministry and the RBI have performed many somersaults in these last 42 days.

10 safety tips for home loan borrowers

10 safety tips for home loan borrowers

Rediff.com4 Dec 2015

Yes, you need to be safe when dealing with third party agents who act as intermediaries between you and the lending institutes.

'Passing Aadhaar Act as Money Bill amounts to fraud'

'Passing Aadhaar Act as Money Bill amounts to fraud'

Rediff.com27 Sep 2018

He said the Aadhaar programme violated informational privacy, self-determination and data protection.

Ministries draw plans to go cashless after PM's diktat

Ministries draw plans to go cashless after PM's diktat

Rediff.com27 Nov 2016

A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments

Allowing farmers to buy seeds with old notes will have limited impact

Allowing farmers to buy seeds with old notes will have limited impact

Rediff.com22 Nov 2016

Experts claim impact of breather limited as most hybrid vegetable seeds are sold by private companies.

Jio woes: Airtel Q1 net profit tanks 75% to Rs 367 crore

Jio woes: Airtel Q1 net profit tanks 75% to Rs 367 crore

Rediff.com25 Jul 2017

Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.

Bengaluru loves Bitcoin!

Bengaluru loves Bitcoin!

Rediff.com20 Jul 2017

In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.

Sebi clears new corporate governance norms; mutual fund policy

Sebi clears new corporate governance norms; mutual fund policy

Rediff.com13 Feb 2014

The new norms were cleared by the Securities and Exchange Board of India in New Delhi on Thursday and the relevant provisions would be incorporated in the listing agreement soon, Sebi Chairman U K Sinha said.