PFRDA (Pension Fund Regulatory and Development Authority) has introduced a new way of online KYC. PFRDA is a regulatory body which is designed to supervise and regularise pension in India. The ...

India’s regulatory architecture is aligning different processes to simplify the customer experience across the financial sector. At the heart of the transformation is the Central Know Your Customer ...

Whether it is for opening a bank account or making an investment in a mutual fund, first thing that is needed is a KYC (Know Your Customer). Banks take all the documents from customers for this ...

Could you elaborate on the specific details of the new KYC requirements for cash payouts and pay-ins? What are the key differences compared to the previous guidelines? RBI has introduced new KYC ...

The development assumes significance as the Reserve Bank of India (RBI), the country’s banking regulator, has flagged the existing centralised KYC system, called CKYC or C-KYC, as “high-risk”, ...

Indian financial transactions have broadened widely over the past decade, mainly with the introduction of various reforms and the way they have been working for efficient processes, increasing ...