kyc
Govt to allow Aadhaar-based KYC for retail investors
The government said the Depository Receipt Scheme 2014 is expected to be operationalised soon by Sebi.
Now KYZO lets you handle the paperwork like a pro
‘Know Your Customer’ or ‘KYC’, follows a common man like a shadow for a range of rights and services.
Banks can use Aadhaar for KYC with customer's consent: RBI
RBI said that 'Proof of possession of Aadhaar number' has been added to the list of Officially Valid Documents.
Muthoot Finance offers loan of up to Rs 10 lakh to salaried class in Delhi, NCR
Muthoot Finance will give unsecured loans of Rs 1-10 lakh at an interest rate of 13.5-23 per cent to salaried class only.
Payments industry wants RBI to allow facial recognition software to meet KYC norms
Industry is also keen on having a flexibility in regulations, where small value transactions using PPIs should not need a full KYC.
UIDAI budget allocation for 2019-20 lowered to Rs 1227 crore
The budgetary allocation for UIDAI for the current fiscal ending March 2019 was Rs 1,345 crore .
Niti Aayog to hold meeting with digital payments industry on KYC issue
Niti Aayog had requested ITU to help India in the digital payment space as well as capacity building.
DoT asks telcos to tweak systems for use of virtual IDs, limited KYC
Virtual IDs in lieu of Aadhaar number and migrate to the 'limited KYC' mechanism for mobile subscribers.
MobiKwik to invest Rs 400 cr in 5 yrs on KYC compliance
MobiKwik plans to do Aadhaar-based e-KYC and will be contracting over 7,000 field staff for the same.
Paytm Payments Bank aims to reach over 500 mn wallets in 3 years
Company also aims to add over 10,000 KYC personnel to its existing workforce to achieve this target.