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RBI amends KYC norms, allows banks to use V-CIP

The RBI has amended the KYC norms allowing banks and other lending institutions regulated by it to use Video based Customer Identification Process (V-CIP), a move which will help them onboard customers remotely. The V-CIP, which will be consent-based, will make it easier for banks and other regulated entities to …

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Government releases State Energy Efficiency Index 2019

Union Government today released the State Energy Efficiency Index 2019, which tracks the progress of Energy Efficiency initiatives in 36 States and Union Territories. Power Minister R K Singh released the index in New Delhi. The index is developed by Bureau of Energy Efficiency in association with Alliance for an …

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Resorting to violence can not be justified: Ravi Shankar Prasad

Union Minister for Communications and Information Technology Minister Ravi Shankar Prasad said that truth has come out that some students have destroyed the server and obstructed others students from participating in the registration process in JNU. Talking to media, Mr Prasad said, resorting to violence can not be justified. He …

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