Tackling Trade-Based Money Laundering in the Modern Financial Landscape
If we inquire informally among a group of bankersabout familiarity with terms like a Letter of Credit (L/C), Bill of
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money
Modern and Creative Ways of Money Laundering: A Sneak Peek in Modus Operandi
Every year, an astonishing $800 billion to $2 trillion circulates through the global economy as laundered money, making up 2-5%
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Nearly Rs 5 lakh crore of mutual fund money riding on these 10 stocks
Mutual fund managers have placed heavy bets totaling around Rs 4.75 lakh crore on 10 stocks which includes Nifty heavyweights
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Mutual funds can again accept money in international schemes
Sebi has allowed mutual funds to accept fresh money in international schemes to the extent of the overall industry limit
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NCUI hails merger of PMC BANK with Unity SFB; bats for security of depositors’ money
Welcoming the merger of debt-ridden Punjab and Maharashtra Cooperative (PMC) Bank with Unity Small Finance Bank (Unity SFB), cooperative body
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Revolut to launch in India, hires ex-Airtel Money executive as CEO
UK-based financial technology firm Revolut is set to launch in India and has recently announced the appointment of Paroma Chatterjee
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New trick by fraudsters to withdraw money from ATMs
In view of increasing incidents of Man in the Middle (MiTM) attacks on ATMs, all banks have been directed to
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