RBI Updates KYC Norms for Regulated Entities
The Reserve Bank of India (RBI) has modified its master direction on Know- Your-Customers(KYC) for regulated entities (REs). Amongst the important changes is allowing banks...
Tag : Aadhar based KYC process
RBI permits interoperability in mobile wallets with KYC conditions
RBI has directed financial companies to make know your customer(KYC) compliant prepaid payment instruments (PPIs) like mobile wallets interoperable within next 6 months. As per...
Paytm has launched Aadhaar-based KYC process
Paytm, the mobile wallet operator and e-commerce company that is going to soon launch payments bank, has started Aadhaar-based electronic know-your-customer process (eKYC) for verifying...