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A Permanent Account Number (PAN) is essential for financial transactions in India, including opening bank accounts, investing in mutual funds, and filing taxes. Even minors can apply for a PAN card, ...

Under SFB regulations, at least 25 per cent of branches must be located in unbanked rural centres, aimed at expanding ...

Today, the stock exchanges have shifted to digital trading where the shares are purchased through online trading platforms. Furthermore, these shares are held in a dematerialised format in a Demat ...

Fino applied for an SFB licence in December 2023, betting that it could tap a large portion of its merchant network as an ...

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India ...

A payments bank is eligible to apply to transition into an SFB after completing five years of operations, subject to meeting ...

A mismatch between your name on your PAN card and other official documents can lead to unexpected hurdles, from delayed financial transactions to issues with bank verification and income tax filing.

The RBI introduced binding exposure ceilings for Local Area Banks to prevent excessive borrower and sectoral concentration. The Directions strengthen balance-sheet resilience through clear caps and ...

The ROC penalised the company and officers for failing to dematerialise securities before issuing bonus shares, as required ...