Rbi Kyc Norms

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  RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms

  The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.

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  Amazon Pay Fined Rs 3.06 Crore For Non-Compliance With Norms

  The Reserve Bank of India todaysaid it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions related to Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.

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  RBI Penalises Bank Of Maharashtra Rs 1.12 Crore

  Reserve Bank of India has imposed a penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions

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  RBI Penalises Axis Bank, IDBI Bank For Non-Compliance With Regulatory Norms

  RBI has imposed penalties worth Rs 93 lakh and Rs 90 lakh on Axis Bank and IDBI Bank respectively for deficiencies in regulatory compliance

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  Stocks To Watch: Axis Bank, SBI, Kotak Mahindra Bank

  The RBI has imposed a penalty of Rs 25 lakh on Axis Bank for contravention of certain provisions of Know Your Customer (KYC) norms

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  RBI Imposes Rs 25 Lakh Penalty On Axis Bank For Violating Certain Norms

  RBI imposed a monetary penalty of Rs 25 lakh on Axis Bank as it failed to comply with certain provisions of Know Your Customer (KYC) norms.

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  RBI Clears Confusion On Cryptocurrency Trading, Asks Banks To Perform Customer Due Diligence

  In a statement, the RBI has said that the particular order on crypto currencies is no longer valid as it had been set aside by the Supreme Court.

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  RBI Relaxes KYC Norms Till End Of Year: Here's What Customers Should Know

  The Reserve Bank today, relaxed the KYC norms for account holders till the end of this year, in order to provide relief amid the second wave of COVID-19 in the country

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  RBI Relaxes KYC Norms, Tells Banks Not To Impose Any Restrictions This Year

  In his address, Das stressed that RBI stands in "battle readiness" to ensure that financial conditions remain congenial and markets continue to work efficiently.

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  Payment Wallets PhonePe, Paytm Get 6 More Months To Comply With KYC Norms

  Becoming full KYC complinat would mean that the mobile wallet service providers would have to do a physical verification of their customers.

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  PNB, Allahabad Bank, 2 Other Lenders Fined For Non-Compliance With Norms

  While Punjab National Bank (PNB), Allahabad Bank and UCO Bank have been fined Rs 50 lakh each, Corporation Bank has been asked to pay a penalty of Rs 25 lakh.

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  RBI Penalises HDFC Bank For Violating Know Your Customer Norms

  The Reserve Bank of India (RBI) has imposed a fine of Rs 1 crore on private sector lender HDFC Bank for violating norms related to know your customer.

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  RBI Allows Banks To Use Aadhaar For "Know Your Customer" (KYC) Verification: 10 Things To Know

  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...

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  Banks Can Use Aadhaar For Identity Verification With Customer's Consent: RBI

  The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts

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  Aadhaar Seeding Mandatory For Bank Accounts Under KYC, Says RBI. Five Things To Know

  RBI said aadhaar norms have been revised because the government had amended laws on prevention of money laundering