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RBI Empowers Minors: New Guidelines Allow Children Over 10 to Manage Bank Accounts Independently

Sarah Mitchell 22 Apr, 2025

The RBI has introduced new guidelines allowing minors above 10 years to operate bank accounts independently, promoting financial literacy and autonomy. Banks are to adjust their po...

Crypto

South Korea's Leading Crypto Exchange Upbit Faces Operational Suspension Over KYC Compliance Failures

Olivia Carter 17 Jan, 2025

South Korea's top cryptocurrency exchange, Upbit, faces a suspension order from financial authorities due to KYC compliance failures. The move underscores the government's efforts ...

Business

Stockholding Services Slapped with Rs 9 Lakh Fine for KYC Compliance Failures

Olivia Carter 09 Jan, 2025

Sebi fines Stockholding Services Rs 9 lakh for KYC compliance failures, highlighting the importance of stringent client verification processes in the financial sector.