Reserve Bank of India (RBI)

RBI tightens domestic Money Transfer rules, adds new security factors

The Reserve Bank of India (RBI) has tightened rules for domestic money transfers, requiring banks to record the name and address of beneficiaries. Remitting banks must register the remitter with a verified cell phone number and an 'Officially Valid Document (OVD)'. Jul 25, 2024
Bihar BJP chief Nityanand Rai

End of agitational terrorism: Stone pelting, hartals decline in J&K post-2019

Minister of State for Home Affairs Nityanand Rai informed the Rajya Sabha that no stone-pelting incidents have occurred since 2019, starkly contrasting to the 1,328 incidents reported in 2018. Additionally, organized hartal calls have ceased, and terrorist-initiated incidents have drastically reduced. Jul 24, 2024