KYC

Electricity KYC Update Scam: 392 Mobile Phones Banned By Govt

The DoT has directed all Telecom Service Providers (TSPs) for Pan India IMEI based blocking of 392 mobile handsets misused in cybercrime, financial frauds.

Jun 18, 2024, 12:45 PM IST

EPFO Introduces New Rules For Cheque Leaf And Bank Passbook Uploads: Here’s All You Need To Know

To verify claims EPFO uses verification methods instead of requiring a validated bank passbook or cheque leaf image.

May 31, 2024, 16:57 PM IST

Mutual Fund Investors ALERT! One Needs To Do THIS By March 31 To Avoid Transaction Blocks

Investors whose KYC is not based on any officially valid documents must complete their KYC again before March 31.

Mar 29, 2024, 15:35 PM IST

RBI Imposes Rs 6 Lakh Penalty On The Mandi Cooperative Bank: Here's Why

The central bank also imposed a penalty of Rs 1 lakh on West Bengal's The Howrah District Central Co-operative Bank.

Mar 27, 2024, 21:17 PM IST

Govt Plans For Simplification, Digitalisation Of KYC Process

The FSDC also took note of the activities undertaken by the FSDC Sub-Committee chaired by the Governor, RBI, and the action taken by members on the previous decisions of the FSDC.

Feb 21, 2024, 17:44 PM IST

Bank Locker Blues: 56% Shut Or Downsize As Costs Bite, Rules Tighten, Survey Shows

According to a recent survey conducted by LocalCircles, a whopping 56% of bank locker users have either already shut down their lockers or are planning to do so within the near future.

Dec 15, 2023, 08:30 AM IST

Loan Against LIC Policy: From How To Apply To Eligibility Criteria - Here's Everything

Taking a loan against an LIC policy is a straightforward process. Read on to find it out.

Dec 02, 2023, 14:06 PM IST

Stricter New SIM Card Rules To Be Implemented From December 1 In India; All You Need To Know

The new rules on SIM, which are set to kick off from December 1, aim to enhance security and accountaibility in issuance and use of SIM cards.

Nov 29, 2023, 16:56 PM IST

How To Exchange Rs 2,000 Notes After RBI Scraps Them - Check FAQs

Changing Rs 2,000 notes, check steps

May 20, 2023, 08:19 AM IST

E-wallets For Investing In Mutual Funds Should Be Kyc Norms Compliant, Provisions To Be Effective From 1 May 2023

The circular is issued to protect the interests of investors in securities and to promote the development and regulate the securities market, Sebi said.

Mar 24, 2023, 09:26 AM IST

BoB Customers Alert! Your A/C Will Be Deactivated If You Fail To Do THIS By March 24

Know what is Central KYC Registry and where Bank of Baroda customers can get it done.

Mar 21, 2023, 09:18 AM IST

Budget 2023: FM Proposes 'Risk-Based' KYC Instead of Current 'One Size Fits All' Approach

The financial sector regulators will also be encouraged to have a KYC (Know Your Customer) system fully amenable to meet the needs of Digital India.

Feb 01, 2023, 15:43 PM IST

No need to visit bank to update KYC if you have done this already; Check what RBI said for banks' verification process

A new KYC process is needed if KYC documents available in bank records do not conform to the present list of officially valid documents -- passport, driving licence, proof of the possession of an Aadhaar number, voter's identity card, NREGA job card and letter issued by the National Population Register.

Jan 06, 2023, 17:06 PM IST