Tue, Jun 18, 2024
Preparation to curb KYC fraud, plan ready for Central KYC 2.0, data will get strong security... Know complete details from Ekta Suri
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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”, prompting a revaluation of its functioning and existing processes.
Tue, Mar 05, 2024
Banks, collaborating with the RBI and government, are proposing additional KYC verification layers to enhance transparency and combat fraud. This will especially target individuals with linked joint accounts or multiple accounts with different KYC documents.
Mon, Aug 14, 2023
Will not be able to trade if KYC is not there, notice is being sent to investors by Brokers, new deadline till August 18, know full details here
Thu, Mar 02, 2023
Banking frauds have been increasing in the past few years. One of the most common ways through which scammers trick people is through phishing SMS. Especially the phishing bank SMS through which cyber fraudsters scare people by telling them that their bank account is suspended and asking them to update their KYC by clicking on the link attached to the SMS. However, once someone gets tricked and believe in the SMS and clicks on the link, their phone is hacked and they end up losing their money. Know the new methods of fraud and ways to avoid it, watch this special report of Aapki Khabar Aapka Fayda.
Tue, Oct 18, 2022
Now KYC rules for mobile connections will be more strict. Government will block fake sim cards. It will not be easy to get SIM from fake documents. The Digital Communication Commission approved the creation of a data analytics center. DAC will prevent fraud from mobile connections. DAC will be connected in the servers of all telecom companies. It will be easy to track SIM issued on fake document from Artificial Intelligence, Blockchain. Watch this special report on India 360.
Wed, Sep 21, 2022
In today's digital age, many of our tasks have become easier. KYC is mandatory for Bank, Paytm, Aadhaar Card, PAN Card etc. At the same time, KYC is also mandatory for investing in mutual funds and stock market. Now you will not need to do KYC again and again. In this regard, the government is working on the 'One Nation One KYC' system i.e to bring KYC system on single window portal. The government said that their emphasis is on 'Ease of Doing Business'. Watch this special report of Aapki Khabar Aapka Fayda.
Fri, Sep 21, 2018
The directors whose Director Identification Numbers (DINs) were deactivated following non-filing of new know-your-customer norms can get them reactivated by giving KYC details with a late fee of Rs 500. They can file the e-form till October 5, said government sources.
Fri, Mar 09, 2018
Violation of KYC norms: The Reserve Bank has imposed a penalty of Rs 5 crore on Airtel Payments Bank for violating operating guidelines and Know Your Customer (KYC) norms. The fine was imposed after RBI scrutinised the bank's documents relating to opening of accounts without any specific or clear
Sun, Jan 22, 2017
Telecom regulator TRAI is likely to recommend to the Department of Telecom (DoT) that Aadhaar-based eKYC be allowed even for outstation customers who want to get a mobile connection in a particular service area.
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