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No freezing a/c for KYC, digital proof can be final The RBI on Wednesday relaxed KYC (know-your-customer) norms to enable the process to be completed remotely and prevent banks from freezing accounts in which such data has not been updated.
from Stocks-Markets-Economic Times… Read More- Asian stock market firm on recovery bets; A$ hit by China moveWith very few Federal Reserve officials ready to discuss withdrawing stimulus and the world economy looking set to post a strong recovery from the pandemic-triggered recession, investors have switched to cyclicals - companies… Read More
- Irdai asks insurers to launch standard travel cover in July Regulatory body Irdai on Wednesday issued guidelines for insurers for a standard domestic travel cover — Bharat Yatra Suraksha — which will be launched on July 1.Insurers have been allowed to determine the premium, which wil… Read More
- Stocks in news: Hero MotoCorp, Tata Steel, Adani Power, Indian Bank, Blue Dart and Maruti SuzukiAdani Transmission, Sundaram Fasteners, CreditAccess Grameen, Hikal, Raymond and Praj Industries are among companies that will announce their March quarter results today.
from Stocks-Markets-Economic Times https://ift.tt/3ej… Read More
- RBI in 'battle readiness' to ensure orderly financial conditions: DasHe said aggregate demand conditions, particularly in contact-intensive services, are likely to see a temporary dip, depending on how the Covid situation unfolds. With restrictions and containment measures being localised and … Read More
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