The KYC update requirement specifically targets account holders whose accounts are due for renewal by March 31, 2025. The timeline matches similar initiatives across India’s banking sector, including ...

Aadhaar Card is a crucial document for every Indian. It serves as proof of identity and is required for various services. From school admissions to government schemes, Aadhaar is widely used.

Sholinghur Cooperative Urban Bank from Tamil Nadu was fined Rs1 lakh for non-compliance with directions issued by RBI on exposure norms and statutory or other restrictions - UCBs and ...

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday called ... where India has made huge strides. Digital KYC (know your customer) and video KYC are shining examples of this. The Central ...

On the occasion of Telugu star Ram Charan's 40th birthday, makers of his 16th film unveiled the title and first-look posters. Ram Charan's RC16 is now titled Peddi. The Buchi Babu Sana directorial ...

RBI imposed a monetary penalty of ₹75 lakh on HDFC Bank over non-compliance with KYC norms. The RBI had also conducted a statutory ‘Inspection for Supervisory Evaluation’ of the bank ...

Upon reviewing HDFC Bank’s response and additional submissions, RBI identified two critical areas of non-compliance: Risk categorisation failure: The bank failed to categorise certain customers ...

according to the press statement issued by the RBI on Wednesday (March 26). While HDFC Bank is slapped with a ₹75 lakh penalty for violations related to KYC norms, Punjab & Sind Bank was fined ₹68.2 ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. As you can see, the "Almost Doesn't Count" singer's name was noticeably missing from that ...

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹75 lakh on HDFC Bank, citing non-compliance with its Know Your Customer (KYC) guidelines. The central bank flagged deficiencies in ...

the Reserve Bank of India (RBI) has slapped a massive penalties on India's largest private bank, HDFC Bank due to violations of KYC norms. HDFC Bank was not alone, a PSU lender backed by PNB ...

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday emphasised ... Additionally, he called for better coordination among stakeholders to prevent redundant Know Your Customer (KYC) ...