Banks in Mumbai are facing challenges with identifying ultimate beneficial owners (UBOs) of foreign investments due to varying disclosure rules across countries. This issue has been discussed among senior bankers, who believe India’s anti-money laundering laws should adapt to different international standards to ensure compliance and transparency.
Ola Electric shares in focus on plans to double service centers to 1,000 by December
Ola Electric, India’s leading electric two-wheeler maker, announced plans to expand its service network and offer new customer benefits to boost EV adoption.