Kyc Process

Earlier in May, the RBI had extended the last date for updation of KYC by regulated entities till December-end because of the second wave of the coronavirus pandemic.

Sebi issued clarifications on guidelines pertaining to processing investors' service requests by Registrars to an Issue and Share Transfer Agents (RTAs) and norms for furnishing PAN, KYC details and nomination.

Nirmala Sitharaman said that Centre has not issued directions to banks asking them not to give loans to "sensitive customers" like police personnel

The Department of Telecommunications (DoT) on Tuesday started the implementation of new telecom reforms by simplifying the KYC (Know Your Customer) process.

The new KYC-VS API has been announced by the Indian government. Once this API is integrated into a business’ system, they can ask for an individual’s vaccination status easily. The individual will need to enter their mobile number and name. Thereafter, they will receive an OTP, which they have to enter. Once this process is complete, CoWIN will...

State Bank of India issued alert warning customers of instances where fraudsters have duped people with the Know Your Customer(KYC) verification.

The new digital function is powered by artificial intelligence or AI as well as facial recognition technology, and the whole process is paperless and contactless, said SBI.

Amazon’s delivery staff in India plans to go on a nationwide strike in the coming days to demand an increase in commission rates, insurance claim, and not making the know-your-customer (KYC) process compulsory.

Airtel prepaid users can switch to postpaid very easily. Once your KYC documents have been successfully verified, your new postpaid connection should get activated within 48 hours. You will keep receiving updates via SMS from Airtel throughout the process.

The system of customer and process transformations has always been interdependent.

Xiaomi has relaunched the Mi Credit personal loan service in India with a promise of real-time approval and paperless KYC.

Banks can now accept the proof of owning an Aadhaar for Know Your Customer (KYC) verification under certain conditions. According to a statement by the Reserve Bank of India (RBI), the Aadhaar number can be used for KYC verification on consent from the customer. Updating its list of eligible KYC documents, the Reserve Bank of India noted: "Banks ha...

Each operator needs to carry out the process at two sites, as per a DoT notification.

The government has started the process of de-activating the identification numbers of nearly 21 lakh directors of companies as they failed to comply with KYC norms, according to a senior official.

Subscribers who have activated their UAN and seeded their KYC will be able to apply for final PF settlement, pension withdrawal benefit and part PF withdrawal from their UAN interface directly.

Earlier in May, the RBI had extended the last date for updation of KYC by regulated entities till December-end because of the second wave of the coronavirus pandemic.

Sebi issued clarifications on guidelines pertaining to processing investors' service requests by Registrars to an Issue and Share Transfer Agents (RTAs) and norms for furnishing PAN, KYC details and nomination.

Nirmala Sitharaman said that Centre has not issued directions to banks asking them not to give loans to "sensitive customers" like police personnel

The Department of Telecommunications (DoT) on Tuesday started the implementation of new telecom reforms by simplifying the KYC (Know Your Customer) process.

The new KYC-VS API has been announced by the Indian government. Once this API is integrated into a business’ system, they can ask for an individual’s vaccination status easily. The individual will need to enter their mobile number and name. Thereafter, they will receive an OTP, which they have to enter. Once this process is complete, CoWIN will...

State Bank of India issued alert warning customers of instances where fraudsters have duped people with the Know Your Customer(KYC) verification.

The new digital function is powered by artificial intelligence or AI as well as facial recognition technology, and the whole process is paperless and contactless, said SBI.

Amazon’s delivery staff in India plans to go on a nationwide strike in the coming days to demand an increase in commission rates, insurance claim, and not making the know-your-customer (KYC) process compulsory.

Airtel prepaid users can switch to postpaid very easily. Once your KYC documents have been successfully verified, your new postpaid connection should get activated within 48 hours. You will keep receiving updates via SMS from Airtel throughout the process.

The system of customer and process transformations has always been interdependent.

Xiaomi has relaunched the Mi Credit personal loan service in India with a promise of real-time approval and paperless KYC.

Banks can now accept the proof of owning an Aadhaar for Know Your Customer (KYC) verification under certain conditions. According to a statement by the Reserve Bank of India (RBI), the Aadhaar number can be used for KYC verification on consent from the customer. Updating its list of eligible KYC documents, the Reserve Bank of India noted: "Banks ha...

Each operator needs to carry out the process at two sites, as per a DoT notification.

The government has started the process of de-activating the identification numbers of nearly 21 lakh directors of companies as they failed to comply with KYC norms, according to a senior official.

Subscribers who have activated their UAN and seeded their KYC will be able to apply for final PF settlement, pension withdrawal benefit and part PF withdrawal from their UAN interface directly.