Globally, the Know your Customer (KYC) process is a way for banks, financial institutions, service provider companies (for e.g., telecom, power, gas, internet, DTH TV et al.), various government departments, educational institutions, and many others to verify the identity of their clients. A busine...
The Indian Postal Service (India Post) has a famed history of 150 years. Operating under the Ministry of Communications and Information Technology, it has touched the lives of millions of Indians as a carrier of mails, an agent for collection of money under various types of small savings deposit sch...
Union Minister Sri NitinGadkari made a very pertinent observation while addressing an event organised by an urban cooperative bank. He warned that taking action against every defaulting entrepreneur would freeze economic activities around the country and there would be hardly anybody who would be wi...
Arguably, the year will be remembered and referenced in days to come for a mixed bag of economic events. If it was for the ushering in the GST regime in the country on the one hand, the unmasking of banking frauds that unfolded the NPA mismanagement story in the Indian banking system, should be the ...