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NEWSLETTER, Tuesday 28th March 2023

SEBI mandates KYC for E-wallets used to invest in Mutual Funds

SEBI has advised fund companies to ensure that mutual fund transactions are completed using KYC-compliant e-wallets.

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Former Brazilian President Dilma Rousseff appointed as new President of BRICS Bank

Fromer Brazilian Presidient Dilma Vana Rousseff elected as new President of The New Development Bank (NDB), succeeding Marcus Troyjo.

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Axis Bank launches 'MicroPay' based on 'Pin on Mobile' technology for digital payments

The first pocket-sized swipe reader in India based on Pin on Mobile technology was introduced by private sector lender Axis Bank.

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Canara HSBC Life Insurance introduces 13 NFTs with "Me For My City" campaign

Canara HSBC Life Insurance has announced the launch of 13 NFTs (Non-Fungible Tokens) in conjunction with Me For My City Season 5, one of the Company's signature campaigns.

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Bandhan Bank names Ratan Kumar Kesh as Executive Director

Ratan Kumar Kesh was appointed executive director of private lender Bandhan Bank on Wednesday.

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The RBI instructed banks to keep branches open until March 31 for annual closing

With the annual closing of accounts slated for March 31 as the fiscal year 2022-23 comes to an end, the Reserve Bank of India (RBI) has advised all banks to maintain their branches open till the above-mentioned date's working hours.

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The Banking & Finance Post, a bi-monthly magazine published by Elets Technomedia Pvt Ltd, prides itself in spotting and highlighting key trends in the BFSI sector.
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