'Reason to believe' must be given to arrestee under PMLA: SC

The Supreme Court on Friday held that "reason to believe" for arresting a person under the Prevention of Money Laundering Act must be furnished to the arrestee to enable him to challenge his......

Arrest under PMLA can't be on officer's whims and fancies: SC

The Supreme Court said on Friday that the power to arrest under the anti-money laundering law cannot be exercised according to the whims and fancies of the Enforcement Directorate officer. IMAGE:......

SC grants interim bail to Kejriwal, questions need for arrest under PMLA

The Supreme Court on Friday granted interim bail to Delhi Chief Minister Arvind Kejriwal in a money laundering case lodged by the Enforcement Directorate (ED) in the alleged excise policy scam but......

Kejriwal used 'scam' money to stay at luxury Goa hotel: ED

Delhi Chief Minister Arvind Kejriwal 'directly used' part of the alleged Rs 100 crore generated from the 'kickbacks' of the Delhi excise policy 'scam' by staying in a luxury hotel in Goa, the......

Now, no need to visit bank to update KYC

Bank account holders are no longer required to visit their bank branches to update 'know your customer' (KYC) details provided they have already submitted valid documents and not changed their......

Rs 5.49 cr fine imposed on Paytm Payments Bank under anti-money laundering law

Financial Intelligence Unit-India (FIU-IND) has imposed a Rs 5.49 crore penalty on Paytm Payments Bank for violating anti-money laundering rules, the Finance Ministry said on Friday. FIU-IND......

Court rejects interim bail plea of Jet Air's Naresh Goyal

Jet Airways founder Naresh Goyal's cancer was at a preliminary stage and not life threatening, a special court said here on Thursday while refusing to grant him interim bail on medical grounds.......