Latest Updates Around The World
Markets regulator Sebi wants to rationalize and simplify the offer document summary to encourage informed feedback from investors and reduce dependence on unverified tips, chairman Tuhin Kanta Pandey said on Monday.This move will also make the abbreviated prospectus obsolete, easing compliance requirements for issuers, he added. Currently, offering documents are typically voluminous and packed with […]
Sebi on Thursday proposed to relax the geo-tagging requirement for non-resident Indian customers during their re-KYC or KYC process through digital onboarding or video client identification (V-CIP). In a draft circular, the market watchdog has sought public comments on its proposal to relax the condition requiring non-resident Indian (NRI) customers to be physically present in […]
Bob customers in India can now receive 24×7 real-time transfers from residents of Singapore via Bob E-PAY app with a view to family maintenance | Photocredit: Danish siddiqui Bank of Baroda (BOB) has improved its UPI app (Unified Payments Interface (UPI) -Bob E -Pay, by introducing three international functionalities -UPI Global Acceptance, foreign inward remittance […]
