Mutual fund KYC status: The introduction of new Know-Your-Customer (KYC) regulations for mutual funds, effective from April 1, 2024, has changed how investors can access mutual fund schemes. That’s why it’s important for mutual fund investors to check their KYC status and understand what it means, so they can invest in mutual fund schemes without […]
RTGS, NEFT charges: Since January 1, 2020, the RBI has asked banks not to charge their savings account holders for NEFT transfers made online, offering a convenient avenue for savings account holders. What exactly are NEFT and RTGS, and how do they differ? National Electronic Funds Transfer (NEFT) NEFT is an electronic payment system that
Oil and Natural Gas Corp (ONGC) is gearing up to launch a new drilling campaign in June for India’s first geothermal project, following a setback encountered two years ago. The successful completion of this project could potentially unlock a new source of clean electricity, space heating, and irrigation in the challenging terrain of Ladakh.ET quoted
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