The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechanisms for digital payment transactions to enhance security in the digital payments ecosystem. Traditionally, SMS-based OTP has been the primary method for additional factor authentication (AFA). However, advancements in technology now offer alternative methods. The draft framework, announced in the RBI’s […]
RBI releases draft directions to enhance security and due diligence for AePS touchpoint operators, aiming to prevent fraud and protect customer interests. Comments open until August 31, 2024.
SEBI clarifies its stance on the T+0 settlement cycle, emphasizing potential savings from ASBA and correcting media misinterpretations about mandatory changes.
View the detailed report on gross and net GST revenue collections for June 2024. Learn about the growth percentages and year-to-date comparisons.
GST registration in Uttarakhand now includes biometric Aadhaar authentication and document verification. Learn the updated process and requirements.
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RBI releases draft circular on Basel III LCR, proposing new haircuts on HQLA and revised run-off rates for certain deposits. Stakeholder feedback invited by Aug 31, 2024.
SEBI study reveals 70% of individual intraday traders in equity cash segment faced losses in FY 2022-23, with a surge in participation noted.
Explore the integrated services of NIC-IRP e-invoice-1 and e-invoice-2 portals, launching on July 18th, 2024. Learn about seamless operations, API functionalities, and contingency benefits.
