Aadhaar will streamline the KYC process for financial products by addressing document redundancies, according to a senior RBI executive. The National Payments Council of India is working on this mandate but needs more time for clarity. Meanwhile, fintechs are encouraged to innovate in cross-border solutions and engage with regulators if needed, he adds.
200 DMA: Rs 585.82| LTP: Rs 609.85
Crude oil price: Prices came under further pressure after US President Donald Trump indicated that he was unlikely to authorise fresh attacks on Iran if
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