Last Updated : Jul 23 2018 8:32PM
News Highlights
PM Modi to embark on 3-nation visit to Rwanda, Uganda, South Africa today            Insolvency and Banckruptcy Code (2nd Amendment) Bill 2018, Criminal Law Amendment Bill introduced in Lok Sabha            Constitutional matters heard by CJI can be live streamed: Centre to SC           

Business News

Jul 13, 2018
2:02PM

Reserve Bank makes it compulsory to incorporate purchaser’s name on the face of payment instrumentalities to prevent money laundering

In order to address the concerns arising out of the anonymity and to prevent money laundering, the Reserve Bank has now made it compulsory to incorporate the purchaser’s name on the face of demand draft, pay order, banker’s cheques and other instruments. 

The RBI issued a notification in Mumbai yesterday to this effect to the banks. This directive will come into effect from 15th of September this year. 

Listen News

  • Morning News 23 (Jul)
  • Midday News 23 (Jul)
  • News at Nine 22 (Jul)
  • Hourly 23 (Jul) (2000hrs)
  • समाचार प्रभात 23 (Jul)
  • दोपहर समाचार 23 (Jul)
  • समाचार संध्या 22 (Jul)
  • प्रति घंटा समाचार 23 (Jul) (1900hrs)
  • Khabarnama (Mor) 23 (Jul)
  • Khabrein(Day) 23 (Jul)
  • Khabrein(Eve) 22 (Jul)
  • Aaj Savere 23 (Jul)
  • Parikrama 23 (Jul)
  • Lok Ruchi Samachar 22 (Jul)

Listen Programs

  • Market Mantra 23 (Jul)
  • Samayki 23 (Jul)
  • Sports Scan 22 (Jul)
  • Spotlight/News Analysis 22 (Jul)
  • Public Speak
  • Country wide 19 (Jul)
  • Surkhiyo se Pare 19 (Jul)
  • Charcha Ka Vishai Ha 18 (Jul)
  • Vaad-Samvaad 10 (Jul)
  • Money Talk 10 (Jul)
  • Current Affairs 13 (Jul)

 

 

 

 

× All donations towards the Prime Minister's National Relief Fund(PMNRF) and the National Defence Fund(NDF) are notified for 100% deduction from taxable income under Section 80G of the Income Tax Act,1961""