THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to tighten rules on information technology (IT) controls and account security for financial institutions, as part of efforts to stamp out cybercrime ...

CHARLOTTE — Cabinets come in different colors, including Avalon, sterling, and soda but something else was bubbling at the ...

While most countries across South-East Asia, the Middle East, Africa and Latin America have Real-Time Gross Settlement (RTGS), Automated Clearing House (ACH) and Instant Payment Systems (IPS) in place ...

The city of Steamboat Springs is warning of an increase in automated clearing house, or, ACH, scam targeting the municipality and its vendors. An ACH refers to a computer network allowing banks to ...

Capital market regulator SEBI has proposed to cap the concession provided by intermediaries for processing small ticket (₹250) systematic investment plans to a maximum of three schemes and restricted ...

New Delhi To increase the reach and facilitate participation from low-income groups in mutual funds, regulator Sebi on ...

Sebi has proposed enhancing financial inclusion through small mutual fund investments starting at ₹250. The initiative ...

The proposed 'sachetisation' of mutual funds is aimed to promote financial inclusion and facilitate investors new to mutual ...

Presently, while some Asset Management Companies (AMC) do offer SIP with small ticket size under some of their schemes.

SEBI has proposed that the small-ticket SIP (₹250 SIP) may be restricted to only three plans, one each in up to three AMCs.

The regulator estimates this would help AMCs, incurring the costs, reduce the break-even time to within two years and ...