In today’s world, where financial crimes like money laundering and terrorist financing pose significant risks, organizations ...

As PM Jan Dhan Yojana (PMJDY) accounts reach their 10-year mark, a fresh KYC update is required to keep these accounts active ...

Businesses and governments are tackling this by implementing identity verification practices, notably Know Your Customer (KYC ...

One fine day, Bangalore-based M Ramachandran (name changed), a senior citizen who retired as an official from Reserve Bank of ...

Two hundred mainland visitors tested anonymous registration for stablecoin services in Hong Kong using China's RealDID system ...

KYC is a process that involves providing proof of identity and address to open or maintain a bank account. KYC guidelines are ...

Secretary M. Nagaraju Directs Banks to Adopt Digital Tools, Seek Local Administration Support, and Ensure Seamless Process ...

DFS Secretary urges banks to use all means, especially digital, for updating PMJDY accounts in a time bound manner.

These amendments by RBI are in line with the 2024 notification of the Prevention of Money Laundering (Maintenance of Records) ...

Accounts opened under PM Jan Dhan Yojana in 2014 will now require a re-KYC as 10 years have passed since the creation of the ...

The Reserve Bank of India (RBI) recently announced some important updates to its Know Your Customer (KYC) guidelines. These ...

During the meeting, Nagaraju suggested using all means for doing re-KYC — such as fingerprints, face recognition, taking ...