Saturday , November 7 2026

Business

RBI gives new order to banks regarding KYC updation of inactive-freeze bank accounts

[ad_1] banking Sector regulator Reserve Bank of India (RBI) has ordered banks to reduce the number of inactive or frozen accounts. RBI has said that banks should streamline and simplify the process of verification of such accounts by updating KYC of customers through mobile or internet banking, non-home branch, video …

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Satellite broadband services can start in January, know what are the preparations

[ad_1] A decision on the terms of satellite spectrum allocation can be taken soon. Our associate channel CNBC-Awaaz has quoted sources as saying that the Department of Telecommunications has asked Telecom Regulator TRAI to send its recommendations on this soon. This indicates that satellite spectrum may soon be allotted to …

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