Daily Current Affairs Capsules 5th January 2024
1. RBI revises definition of politically-exposed persons for KYC purpose In the news: The Reserve Bank of India (RBI) has changed the definition of Politically-Exposed Persons (PEPs) under its norms. Reason: To make it easier for those individuals to carry out various banking transactions, including availing loans The earlier norms about PEPs were open-ended and […]