Know Your Customer (KYC) is a mandatory process through which banks verify the identity and address of their customers. As per the guidelines issued by the Reserve Bank of India (RBI), every account ...

The Reserve Bank of India (RBI) has asked banks and other regulated entities to give due notices to their customers for periodic updation of 'know your customer' (KYC) with a view to enhance consumer ...

The Reserve Bank of India recently released a draft amendment direction related to the updation of KYC and invited comments from the public till June 6, 2025. In its official circular, the RBI ...

The Reserve Bank of India (RBI) has issued new guidelines to simplify the process of completing KYC (Know Your Customer) for dormant or inactive bank accounts. As per the new rules announced on ...

RBI on Thursday asked banks and other regulated entities to give due notices to their customers for periodic updation of Know Your Customer (KYC) with a view to enhance consumer protection as well as ...

Nowadays, every person is connected with online banking, having aadhar, pancard, or in any other financial institution or ...

In a move aimed at enhancing user privacy and simplifying identity verification, the Unique Identification Authority of India (UIDAI) is preparing to roll out a new offline Aadhaar KYC process that ...

Markets regulator SEBI on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India during digital verification. The ...

The Securities and Exchange Board of India (SEBI) has simplified the re-KYC process for Non-Resident Indians (NRIs) by scrapping the requirement of being physically present in India during digital ...