The RBI said the bank failed to put in place a system of using KYC Identifier assigned by Central KYC Records Registry for the purpose of establishing an account-based relationship with customers.
Ignore market noise, India’s long-term story intact, say D-Street bulls Ramesh Damani and Sunil Singhania
Indian markets face temporary challenges with foreign outflows and geopolitical concerns. However, top investors Ramesh Damani and Sunil Singhania emphasize that India’s fundamental growth drivers