The Reserve Bank of India (RBI) amended its Master Direction on Know-Your-Customer (KYC) norms on Monday, allowing regulated entities like banks and other lenders to on-board customers using video ...

RBI directs fintech startups to adhere strictly to KYC guidelines. At one of the meetings last week, top executives of digital lending startups sought some relaxations around KYC requirements, but ...

India Business News: MUMBAI: The RBI has proposed changes to its master direction on 'know your customer' norms-rules aimed at preventing money laundering-that will ease c.

RBI reiterates caution against KYC frauds The central bank advised never sharing account login details, card information, PINs, passwords, OTPs, or KYC documents with unknown parties or unverified ...

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 RBI said that a fresh KYC process or documentation may have to be undertaken in certain cases where the KYC documents available in bank records do not conform to ...

India Business News: The RBI has cautioned the public against ongoing frauds perpetuated under the guise of know your customer updation. In KYC frauds, scammers often use unsolicited communication ...

The Reserve Bank of India has directed regulated entities to continue allowing transactions for individual 'low-risk' customers, while ensuring their Know Your Customer (KYC) details are updated ...

The Reserve Bank has revised the extant regulatory framework guiding domestic money transfer services by making the know your customer (KYC) record requirements stringent after a review of the ...

RBI eases KYC norms, introduces V-CIP for customer convenience, and instructs banks to reach rural areas for updation.

The Reserve Bank of India (RBI) made changes to its rules on Know-Your-Customer norms, including extending video-KYC to new categories of customers, allowing full conversion of limited KYC ...

The RBI has announced that documents stored in the DigiLocker mobile application can now be used to complete the KYC process.