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New KYC, monitoring and one-bank rule for operators to take effect from 1 January 2026 In a bid to bolster the security framework of Aadhaar Enabled Payment System (AePS) transactions and tackle ...
The Reserve Bank of India has introduced new amendments to KYC regulations, making it easier for bank customers to update their KYC information.</ ...
The Reserve Bank of India (RBI) has issued new guidelines to simplify the process of completing KYC (Know Your Customer) for dormant or inactive bank accounts. As per the new rules announced on ...
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 ...
RBI eases KYC norms: Simplifies update process, extends deadline for low-risk customers The RBI said it has noted a significant backlog in periodic KYC updates, including in accounts opened for ...
India Business News: MUMBAI: RBI has eased KYC norms to simplify compliance and to make it easier for individuals to access long-dormant bank accounts and unclaimed deposi.
RBI eases KYC rules to enhance rural banking access, allows Business Correspondents to assist with e-KYC and self-declarations.
RBI eases KYC norms, introduces V-CIP for customer convenience, and instructs banks to reach rural areas for updation.
RBI on Thursday asked banks and other regulated entities to give due notices to their customers for periodic updation of Know Your Customer (KYC) with a view to enhance consumer protection as well ...
The RBI has simplified KYC rules for reactivating dormant accounts and claiming unclaimed deposits. Customers can now update KYC via any branch, video call, or through Business Correspondents.
RBI mandates banks to issue multiple KYC update notices; deadline set for Jan 2026 In order to further ease the process for the convenience of customers, the instructions regarding updation ...
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