The Reserve Bank of India mandated banks and payment operators to keep a trail of domestic fund transfers to curb money laundering and frauds. Banks must record beneficiary details and validate transactions with additional authentication. This rule aims to enhance KYC compliance and tackle mule accounts, which have surged recently due to advancements in banking services.
2 top stock recommendations from Aditya Arora
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
March 17, 2025