A number of national and international variables have contributed to the growth of the Indian stock market. Domestically, the government’s favourable policy initiatives and economic reforms are vital. Investor confidence is bolstered, for example, by the launch of initiatives such as “Make in India” and the drive towards a digital economy. Furthermore, a more open …
Recently, in a meeting by the Financial Stability & Development Council (FSDC), the finance ministry held that there shall be a single digital KYC process for all the financial instruments. Along with SEBI, RBI, PFRDA, and IRDAI, it suggested to streamline the KYC framework in a simple way. It also declared that a special drive …
Digital KYC Will Take Place of All Financial Instruments Read More »
The digital economy of India has significantly grown over the past few years. This pattern is anticipated to last through 2023 and beyond that. India’s digital economy is predicted to grow from its current $500 billion size to $1 trillion in value by 2025. Several factors act for such growth, such as the growth of …
