By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
Fed allows banks to resume share buybacks, JPMorgan…
The Federal Reserve announced on Friday that it will allow the nation's big banks to resume share buybacks in the first quarter of 2021 subject to certain rules and that the industry fared well in…
Open NPS account from home; PFRDA allows onboarding…
Joining the list of financial products that use the video KYC (know-your-customer) facility is the National Pension System (NPS). Soon, subscribers can open accounts, withdraw money using the video KYC process. According to the Pension…
RBI allows one-time restructuring of loans. Here’s what…
The Reserve Bank of India (RBI) has allowed a one time restructuring of loans without classifying them as NPAs to help companies and individuals manage the financial stress caused by the Covid 19 pandemic. The…
RBI allows relaxation to payment operators on various…
MUMBAI: In a move set to bring relief for payment companies and banks, the Reserve Bank of India has relaxed timelines prescribed for compliance with recent regulatory and security related guidelines. With companies operating with…
EPFO allows employers to register digital signatures via…
Retirement fund body the Employees provident Fund Organsiation has further eased compliance for employers by allowing them to use emails to obtain electronic signatures in case they are facing difficulties in using digital or Aadhaar…