Latest Updates

Govt directs NBFCs to comply with anti-money laundering rules

The Centre has directed the Non-Banking Financial Companies (NBFCs) to adhere to the requirements of Prevention of Money Laundering Act (PMLA). It stated that PMLA...




Ministry of Finance names 9,500 NBFCs as ‘high risk financial institutions’

The Ministry of Finance has categorised 9,500 Non- Banking Financial Companies (NBFCs) as ‘high risk financial institutions’. The recently released list by the Financial Intelligence...

Digital Payments

Only 16% of rural Indians access Internet for e-payments: Report

Rural Indians are lagging behind their urban counterparts when it comes to accessing the internet for making digital payments, says a joint study by...

Digital transactions’ growth on continual run in January

Maintaining its strong momentum, Unified Payments Interface (UPI) has reported 151.8 million transactions in January as compared to 145 million transactions registered last month,...