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Finance & Markets

RBI Eases KYC Rules For FPIs, Overseas Certification Now Allowed

New Delhi: The Reserve Bank of India has simplified Know Your Customer compliance for foreign portfolio investors by permitting Indian banks to accept original certified copies of specified documents verified by authorised officials overseas. The relaxation, introduced through the RBI (Commercial Banks–Know Your Customer) Amendment Directions, 2026, took effect immediately. It extends to FPIs a…

RBI Eases KYC Rules For FPIs, Overseas Certification Now Allowed

We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.

Read the original at freepressjournal.in →

More in Finance & Markets

Bitcoin jumps to over US$84,800 after ETF flows turn positive

[NEW YORK] Bitcoin surged near US$85,000 to its highest since late January, extending a sharp rebound as falling oil prices and a...

  • Bitcoin surges past US$84,800, reaching highest level since late January
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  • SEC approval of digital securities boosts market sentiment

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