The Securities and Exchange Board of India (SBEI) has imposed a penalty of Rs3 lakh on BSE Ltd for indirectly engaging in activities unrelated to a stock exchange without the regulator s approval.
The Securities and Exchange Board of India (SBEI) has imposed a penalty of Rs3 lakh on BSE Ltd for indirectly engaging in activities unrelated to a stock exchange without the regulator s approval.
Fintech startup PayNearby will start a facility of inward cross-border remittance by October, allowing beneficiaries to withdraw the amount as per their requirement rather than taking the whole amount in one go.
New Delhi, July 26: Fintech startup PayNearby will start a facility of inward cross-border remittance by October, allowing beneficiaries to withdraw the amount as per their requirement rather than taking the whole amount in one go. “The Reserve Bank has granted us the approval under the second cohort for cross-border remittance. India gets about USD 80 billion as remittance every year which either comes in cash or in bank account,” Anand Kumar Bajaj, Founder, MD & CEO, PayNearby told PTI. […]