New scam on the street! Nithin Kamath on how to deal with fraudsters in the name of ‘courier companies’

New scam on the street! Nithin Kamath on how to deal with fraudsters in the name of ‘courier companies’

Financial frauds have become a regular phenomenon and are more sophisticated these days with deeper penetration of the internet. And there’s a new fraud on the streets in the name of courier companies. Nithin Kamath, co-founder and CEO of India’s leading broker Zerodha, shared an incident on his social media, where one of colleagues was … Read more

RBI’s fourth regulatory sandbox cohort on financial frauds

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The Reserve Bank of India (RBI) will open the fourth cohort under the Regulatory Sandbox (RS) on prevention and mitigation of financial frauds, governor Shaktikanta Das said. The central bank has so far introduced three cohorts. Six entities have successfully exited the first Cohort on ‘Retail Payments’ while under the second Cohort on ‘Cross Border … Read more