SS Mundra, Deputy Governor of the RBI, said lending to small businesses would boost the manufacturing sector
Going forward, banks will want to move away from corporates and lend more money to retail and medium, small and micro enterprises (MSMEs), said SS Mundra, deputy Governor of the Reserve.
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In today's day and age, shares and securities are now being held in dematerialized accounts known as demat account.
In order to carry out any transaction in this stock exchange, one would need to open this account, wherein you can access it anytime you want or through a broker.
In order to carry out any transaction in this stock exchange, one would need to open this account, wherein you can access it anytime you want or through a broker.

KYC is used by financial institutions to identify clients and acquire relevant information. KYC is a global phenomenon with the information collected being used to prevent identity theft, money laundering, fraud and terrorist financing.
Adherence to Know Your Customer (KYC) requirements is not just something to check a box next to in today's complex and heavily regulated business environment; it is a vital lifeline for companies.
She's known for being a sharp dresser and today was no exception for Queen Letizia of Spain as she stunned in a crisp white trouser suit.
The royal put a fashionable spin on business-like chic as she joined her husband King Felipe at theRoyal Palace of El Pardo in Madrid.
The royal put a fashionable spin on business-like chic as she joined her husband King Felipe at theRoyal Palace of El Pardo in Madrid.
Banks and other financial institutions play a major role in the generation of funds.
However, certain measures must be taken to ensure that the money being generated is being used legally.
However, certain measures must be taken to ensure that the money being generated is being used legally.
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Banks and other financial institutions play a major role in the generation of funds.
However, certain measures must be taken to ensure that the money being generated is being used legally.
However, certain measures must be taken to ensure that the money being generated is being used legally.
The term "know your customer", or KYC, is the process used to verify the identity of a business's customer.
KYC is also used to refer to bank regulations that conducts these activities.
KYC is also used to refer to bank regulations that conducts these activities.

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By Alun John
HONG KONG, June 7 (Reuters) - Regulators need to do more to allow new technologies that could help in the fight against money laundering, as financial institutions are struggling with ever-growing compliance costs, an Asia finance industry group said on Thursday.
HONG KONG, June 7 (Reuters) - Regulators need to do more to allow new technologies that could help in the fight against money laundering, as financial institutions are struggling with ever-growing compliance costs, an Asia finance industry group said on Thursday.
By Huw Jones
LONDON, July 13 (Reuters) - Streamlining anti-money laundering checks, longer central bank opening hours and linking national systems would cut cross-border payment costs, global regulators said on Monday.
LONDON, July 13 (Reuters) - Streamlining anti-money laundering checks, longer central bank opening hours and linking national systems would cut cross-border payment costs, global regulators said on Monday.