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    Finance Minister Emphasizes Customer Data Privacy

    March 30, New Delhi – The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 was discussed in the Lok Sabha, with Finance Minister Nirmala Sitharaman emphasizing the importance of data privacy.She stated that banks must strictly adhere to Know Your Customer (KYC) norms to ensure the...
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    Banks & Data Security: FM Details Regulatory Framework

    Union Finance Minister Nirmala Sitharaman stated that banks in the country operate under a strict legal and regulatory framework to ensure the safety and confidentiality of customer data. The Minister was responding to supplementary questions during Question Hour in the Lok Sabha today. Ms...
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    Maharashtra Cooperative Banks Embrace Digital Payments with Airpay

    New Delhi, March 27 Airpay Payment Services announced on Friday that it has partnered with the Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in the state, in order to accelerate financial inclusion in rural areas.The rollout will...
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    Investor Summit in Bhubaneswar: Resolving Unpaid Dividends

    New Delhi, March 26 The capital markets regulator, Sebi, and IEPFA will jointly organize the sixth "Investor Summit" in Bhubaneswar on March 27 to help investors resolve issues related to unpaid dividends and unclaimed shares.The investor summit will be held in collaboration with Market...
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    NBFCs Share Concerns, Secretary Emphasizes Financial Stability

    New Delhi, March 12 Financial Services Secretary M Nagaraju chaired a meeting with major non-banking financial companies (NBFCs) on Thursday, the finance ministry said."The engagement with NBFCs was aimed at fostering an open exchange of ideas on specific issues. Detailed discussions with...
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    Banerjee Raises Concerns Over Voter List Adjudication and Bank Account Freezes

    Kolkata, March 9 Trinamool Congress All India General Secretary Abhishek Banerjee on Monday alleged a “bigger conspiracy” by the BJP-led central government, claiming that bank accounts of voters whose names are deleted from the electoral rolls could be frozen in the future.Addressing party...
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    KYC Security: PM's Guidance for a Safe Banking Experience

    February 22, New Delhi: Prime Minister Narendra Modi advised people to be cautious when receiving messages or calls related to KYC updates. He explained that banks periodically conduct KYC processes to ensure the security of accounts and urged citizens to remain vigilant.
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    AI Summit Showcases India's Innovation in Agriculture, Culture, and Security

    New Delhi, February 22 Prime Minister Narendra Modi on Sunday highlighted India's progress in the field of artificial intelligence, saying the AI summit showcased how animals were being treated in the country with the help of AI and how farmers were keeping track of their livestock and dairy...
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    Promoting Financial Literacy: RBI's 2026 Focus

    Mumbai, February 9 Reserve Bank Governor Sanjay Malhotra launched the 11th edition of Financial Literacy Week (FLW) 2026 on Monday, with the theme "KYC – Your First Step to Safe Banking."The Reserve Bank of India (RBI) has been conducting FLW every year since 2016 to promote financial...
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