Despite RBI restrictions, MFs hiked stake in Paytm in January – The Hindu BusinessLine

https://www.thehindubusinessline.com/markets/amid-rbi-restrictions-and-a-stock-price-decline-mfs-hike-stake-in-paytm-to-average-cost/article67871564.ece Clipped from: https://www.thehindubusinessline.com/markets/amid-rbi-restrictions-and-a-stock-price-decline-mfs-hike-stake-in-paytm-to-average-cost/article67871564.ece With stock under pressure, mutual funds take the averaging route Mutual funds holding in troubled Paytm (One 97 Communication) have increased 70

FSDC to formulate strategy to simplify, digitalise KYC process, curb illegal loan apps – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/fsdc-to-formulate-strategy-to-simplify-digitalise-kyc-process-curb-illegal-loan-apps/article67871559.ece Clipped from: https://www.thehindubusinessline.com/economy/fsdc-to-formulate-strategy-to-simplify-digitalise-kyc-process-curb-illegal-loan-apps/article67871559.ece The council met in Delhi under the Chairpersonship of Finance Minister Nirmala Sitharman After the Paytm Payment Bank debacle, the Finance Stability

Fintech loans comprise 62% personal loan sanction volumes in H1 – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/fintech-loans-comprise-62-personal-loan-sanction-volumes-in-h1/article67871662.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/fintech-loans-comprise-62-personal-loan-sanction-volumes-in-h1/article67871662.ece The report, which analysed data of 71 fintech NBFCs from April 2018 to September 2023, said that fintechs have doubled their market

Account takeovers, mule accounts leading cause of bank frauds in India – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/account-takeovers-mule-accounts-leading-cause-of-bank-frauds-in-india/article67871871.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/account-takeovers-mule-accounts-leading-cause-of-bank-frauds-in-india/article67871871.ece Most mule activity at 14 per cent of the total, was seen in Bhubaneswar followed by Lucknow and Navi Mumbai for 3.4 per cent each

KYC compliance: Time consuming, repetitive but critical for your safety | Personal Finance – Business Standard

https://www.business-standard.com/finance/personal-finance/kyc-compliance-time-consuming-repetitive-but-critical-for-your-safety-124022101009_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/kyc-compliance-time-consuming-repetitive-but-critical-for-your-safety-124022101009_1.html Update your documents regularly so that you are able to fulfil KYC demands seamlessly Representative Picture The Reserve Bank of India’s (RBI’s)

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