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RBI/ BANKING/ BUSINESS NEWS

KYC documents at frequent intervals.

RBI amended KYC norms for NBFC’s, as they were facing practical difficulties and constraints in getting

Data released by Railway Ministry said that during April to September 2014, Railways revenue earnings have gone up by over 12 percent.

JP Morgan on 10 October 2014 cut its India GDP growth projection for 2014-15 to 5.1 percent from 5.3 percent.

Union Finance Minister on 12 October 2014 gave the green signal for the much awaited reforms in the monetary policy framework.

Union Finance Ministry on 14 October 2014 approved 25 FDI proposals with total investment of 1546 crore rupees.

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