Nowadays, every person is connected with online banking, having aadhar, pancard, or in any other financial institution or NBFCs, KYC has become an essential aspect of verifying a person for security ...
Regulated Entities (RE) shall adopt a risk-based approach for periodic updation of KYC. However, periodic updation shall be carried out at least once every two years for high-risk customers, once ...
The Pradhan Mantri Jan Dhan Yojana (PMJDY) has been a revolutionary financial inclusion initiative by the Indian government, helping millions of citizens open bank accounts with ease and gain access ...
Punjab National Bank (PNB) has issued a new notification for customers. In this, users have been asked to update KYC details by April 10. This decision has been taken keeping in mind the RBI ...
Bank of Baroda customers can now complete re-KYC digitally in just a few minutes in a secure manner without even having to visit their branch. The bank on Tuesday (August 22) announced the launch of ...