RBI, govt working to regulate illegal money taking entities
The Reserve Bank is working with the government to bring about changes in the law to regulate the entities who are illegally accepting deposits from the public, Deputy Governor R Gandhi said on Thursday.
Aug 21, 2014, 19:51 PM IST
RBI allows NBFCs to use e-KYC service to verify identity
Non-Banking Financial Companies (NBFCs) have been allowed to accept e-KYC service as a valid process to verify identity and address proof of customers to reduce risk of fraud and forgery.
Jul 14, 2014, 22:04 PM IST
