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2025-06-12 15:10:15| The Economic Times

The Reserve Bank of India has instructed banks and NBFCs to permit transactions for low-risk customers with pending KYC until June 30, 2026, provided reminders are sent. Self-declaration via banking correspondents is now allowed for unchanged KYC or address updates. Banks can update KYC for inactive accounts and unclaimed deposits across branches, including through video identification.


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2025-06-12 12:20:33| The Economic Times

Unified Data Tech surged 16% to a 52-week high of 387 on strong volumes following a block deal where BNP Paribas acquired over 1 lakh shares, boosting investor sentiment. The stock has rallied 36% in five sessions.


Category: News and Media

 

2025-06-12 11:22:28| The Economic Times

PMS returns May 2025: At least 15 PMS strategies posted over 13% returns in May 2025, led by Money Grow Assets Small Midcap strategy. Smallcap and thematic funds rebounded strongly, while quant-based and sectoral strategies underperformed, widening the performance gap among portfolios.


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2025-06-12 08:31:52| The Economic Times

GTL Infrastructure shares: On Thursday, around 66 crore GTL Infra shares were traded on the NSE, reflecting strong retail interest. The stock has attracted momentum-based buying amid improving sentiment in the broader market for small-cap infrastructure companies.


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2025-06-12 08:25:59| The Economic Times

Shakti Pumps (India) shares experienced a surge of 4.6% following the announcement of a significant order worth Rs 114.58 crore from the Maharashtra Energy Department Agency (MEDA). The order involves the supply and installation of 4,500 off-grid Solar Photovoltaic Water Pumping Systems under the PM-KUSUM scheme, to be completed within 90 days across Maharashtra.


Category: News and Media

 

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