Punjab National Bank (PNB) has warned customers that it will close bank accounts that have been inactive for three years with zero balance, starting 13 September 2026. The bank issued the alert…
The Reserve Bank of India (RBI) classifies savings and current accounts as inoperative if no customer-initiated transaction occurs for more than two years. Funds in such accounts do not become the bank's…
SEBI has proposed allowing eligible Non-Resident Indians, Overseas Citizens of India and foreign nationals in FATF-compliant countries to complete KYC digitally from overseas for investments in India’s securities market. They would not…
Nagaland minister Temjen Imna Along shared a video on X showing a Naga man's eyes being forced open during a failed iris scan for KYC. The clip, captioned 'Struggle is real', shows…
Market regulator SEBI has amended KYC rules for stock brokers and depositories, making it mandatory to link nominee details directly to the client’s registration record. The move follows changes to the SEBI…
The Reserve Bank of India has fined three entities a total of ₹4.80 lakh for separate compliance failures. The penalties were announced on August 6 and 11, 2026, based on inspections and…
Unclaimed mutual fund holdings rose to ₹3,811 crore at the end of FY26, while unclaimed bank deposits transferred to the RBI’s DEA Fund reached ₹98,073 crore as of January 2026, livemint.com reports.…
A tribal woman in Chhattisgarh’s Surguja district carried her 90-year-old mother-in-law nearly 3 km to a bank after the elderly woman’s Rs 500 monthly pension went unpaid for four months. Sukhmaniya, who…
The Reserve Bank of India imposed monetary penalties on two entities for regulatory lapses. Utsav Securities Limited was fined Rs 3.90 lakh for governance failures and failing to submit credit data to…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.