https://www.taxtmi.com/news?id=46194 Finance Minister directed regulators to expedite refunds of unclaimed deposits to rightful owners and to simplify, harmonise and digitalise KYC across the financial sector, including digital onboarding for Non-Resident Indians. The initiative includes holding district-level refund camps coordinated among banks, securities, pension and insurance regulators and intermediaries. The FSDC also endorsed stronger inter-regulatory coordination, a financial sector-specific cybersecurity strategy, measures to improve factoring and account aggregator usage, and mechanisms to implement past regulatory and budget decisions. en-us Tue, 10 Jun 2025 19:16:03 +0530 Tue, 10 Jun 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46194 Finance Minister directed regulators to expedite refunds of unclaimed deposits to rightful owners and to simplify, harmonise and digitalise KYC across the financial sector, including digital onboarding for Non-Resident Indians. The initiative includes holding district-level refund camps coordinated among banks, securities, pension and insurance regulators and intermediaries. The FSDC also endorsed stronger inter-regulatory coordination, a financial sector-specific cybersecurity strategy, measures to improve factoring and account aggregator usage, and mechanisms to implement past regulatory and budget decisions. News - Tue, 10 Jun 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=46194