The Reserve Bank of India on 31st May 2021 has advised bank and other entities to continue carrying out the customer due diligence processes in line with regulations governing standards for Know Your Customer (KYC), Anti-Money Laundering (AML), Combating of Financing of Terrorism (CFT) and obligations of regulated entities under Prevention of Money Laundering Act, (PMLA), 2002 in addition to ensuring compliance with relevant provisions under Foreign Exchange Management Act (FEMA) for overseas remittances.
World Consumer Rights Day 2025 webinar
The National Consumer Helpline (NCH) 2.0, which is a one stop centre for easy and hassle-free resolution of consumer grievances at free of cost has