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Regulators need not be too conservative, should respond fast to 'accidents' in financial sector: Uday Kotak | India Business News

India Business News: Uday Kotak emphasizes the importance of regulators responding quickly to accidents in the financial sector. Find out more about his views on regulations and the Paytm Payments Bank Ltd matter. ....

India Management Association , Communications Ltd , Kotak Mahindra Bank , Paytm Payments Bank Ltd , Uday Kotak , All India Management Association , Payments Bank Ltd , Know Your Customer , Bankruptcy Code , Business News , Paytm Payments Bank Issue , Financial Sector ,

KYC: Plans afoot to digitalise KYC, curb illegal online lending

The Financial Stability and Development Council (FSDC), led by Nirmala Sitharaman, plans to digitalize the KYC process and curb unauthorised lending. Recent restrictions on Paytm Payments Bank Ltd highlight non-compliance with KYC norms. FSDC focuses on inter-regulatory coordination, stability risks, and GIFT IFSC s role as an international centre. ....

Nirmala Sitharaman , Development Council , Foreign Exchange Management Act Fema , Paytm Payments Bank Ltd , Financial Stability , Enforcement Directorate , Foreign Exchange Management Act , Illegal Online Lending , Know Your Customer , Financial Sector ,

RBI's resounding message to fintechs: Quick and easy but with KYC

The RBI action has triggered debates over innovation in the fintech sector, the quantum of punishment to Paytm, the style of regulation and, of course, the KYC norms, which is the nub of the Paytm issue. ....

Sanket Nayak , Bajaj Finance , Paytm Payments Bank , Reserve Bank , Bajaj Finance Limited , Financial Intelligence Unit , Paytm Case , Hdfc Bank , Bank Of Baroda ,

WKYC meteorologist Hollie Strano publicly comments on Thanksgiving OVI arrest

WKYC meteorologist Hollie Strano talks for the first time publicly about her Thanksgiving OVI arrest on the eve of her return to the airwaves. ....

Hollie Strano , Court Magistrate Alan Medvick , John Carroll University , Mississippi State University , Falls Mayor , Mississippi State , Driving While Intoxicated , Facebook Video , Cuyahoga Falls , Cuyahoga Falls Police , Kyc Channel 3 News ,

RBI bars fintechs from issuing business credit cards on KYC worries

India Business News: RBI has asked Visa and Mastercard to stop facilitating business credit card issues by fintech aggregators. These aggregators are regulated and license ....

Business News , Payment Networks , Business Credit Cards ,