A 61-year-old Noida resident was duped of over Rs 1 crore in a stock trading scam via WhatsApp. Fraudsters posed as financial advisors linked to Morgan Stanley, luring him with fake stock tips and false HNI schemes.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.