Money laundering by banks: Will take action depending on crime, says SBI

Twenty three public sector banks, including the SBI, and insurance companies have been named in a sting operation conducted by special investigations website Cobrapost. ...
05:55 PM, May 06, 2013

Will tweak KYC norms if required: RBI Dy Gov Chakrabarty Mumbai: RBI Deputy Governor KC Chakrabarty on Tuesday said the central bank may introduce some corrective measures in KYC norms as an when necessary to check any "transaction-level aberrations" in the functioning of banks. "System is good, there is no problem. There are... (at the) transactional level, some aberration will always take place and there is a need to look into those issues and as and when it is necessary,...  
03:15 PM, Apr 23, 2013

Govt working on having common KYC norms for FIIs: FM To attract more overseas investment into the country, government is working on bringing new norms for a common KYC for foreign institutional investors (FII), Finance Minister P Chidambaram said on Monday. ...  
03:33 PM, Mar 11, 2013

Budget 2013: Respite for foreign investors, norms simplified Looking to attract more foreign investment into the stock market, Finance Minister P Chidambaram on Thursday said procedures for overseas investors would be simplified besides having uniform KYC norms for them. "Sebi will simplify the procedure for the Foreign Portfolio Investors and prescribe uniform registration and other norms by converging the different Know Your Customer (KYC) norms," Chidambaram said while presenting the Union Budget for 2013-14. ...  
02:15 PM, Feb 28, 2013

Twin sisters ready to shine for Windies at WC
by IANS
Barbadian Kyshona Knight will join her twin sister Kycia in the West Indies women's team for the ICC Women's World Cup in India later this month. ...  
04:54 PM, Jan 04, 2013

Now travel 'cuddle class' on Air NZ flights! Wellington: If you are planning to take a long flight with your loved one but do not have the funds to travel business class, Air New Zealand may have just the thing for you. Aviation commentators have dubbed as "cuddle class" Air New Zealand's new Skycouch design that offers passengers three ordinary economy class seats at the price of two and half ordinary ones. The airline's Boeing 777-300 aircraft will...  
06:54 PM, Dec 23, 2010

Easiest way to fly? This man-powered skycycle!

A Canadian student has invented the easiest way of flying with a human-powered skycycle. ...
04:22 PM, Sep 27, 2010

Koda case: Union Bank says banking norms not violated Under KYC norms, banks required to verify customer's antecedents. ...  
12:20 AM, Nov 14, 2009

UK prepares prototype flying car for trip to Africa The team intends to fly across English Channel, Gibraltar and Sahara desert. ...  
02:29 AM, Jan 14, 2009