Central Depository Services India (CDSL) has intensified its scrutiny of the know-your-customer (KYC) procedures employed by various entities under One 97 Communications Central Depository Services ...

The National Highways Authority of India (NHAI) extended the KYC deadline to give vehicle owners more time amid the backdrop ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Last year the central bank told Paytm Payments Bank to stop ...

We will always have KRA to ensure things are validated, otherwise one mischievous player can contaminate the whole system, said Puri Buch KRA provides for centralised storage and digitisation of the ...

India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in “larger public interest,” dashing hopes of any major concessions but allowing ...

Several violations of regulatory norms, including rules related to money laundering and related-party transactions, and repeated failure to heed warnings from the Reserve Bank of India (RBI) over an ...

BENGALURU, Oct 12 (Reuters) - India's central bank said on Thursday it has imposed a penalty of 53.9 million rupees ($647,762.58) on Paytm Payments Bank for non-compliance with some provisions, ...