Latest News on KYC
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KYC - Total results - 120
May 14, 2018
Does the laudable purpose behind Aadhaar justify its irresponsible implementation?The State is not serving its people if it sets up a system for their benefit and then pushes ahead with it, regardless of its actual effects on them.
May 11, 2018
Aadhaar hearing: Supreme Court reserves judgment in the second-longest hearing in Indian historyThe Attorney General mentioned that this has been the second longest hearing in Indian history, with the longest being for the Kesavananda Bharati case.
Apr 26, 2018
Aadhaar hearing: Aadhaar has the support of two governments, argues the StateThe Aadhaar project had the support of two governments, since it had been commenced when the Congress was in power.
Apr 23, 2018
Linking Aadhaar, PAN cards mandatory for opening of bank accounts under new KYC guidelines: RBIIn the amended Customer Due Diligence (CDD) procedure, RBI said, "The Aadhaar number, the PAN or Form No. 60" need to be obtained from an individual who is eligible for applying for the biometric ID.
Apr 20, 2018
Mobile wallet companies witness spike in digital transactions amidst cash shortage in ATMs and banksA PhonePe spokesperson said the current cash shortage has led to a further spike in digital transactions on its platform.
Apr 04, 2018
Aadhaar hearing: Petitioners question UIDAI on verification of residency requirement, de-duplication rejections and authentication failuresThe Aadhaar Act, the Attorney General argued, is a just, fair, and a reasonable law. The motive of Aadhaar was in the larger public interest
Mar 28, 2018
Deadline for linking Aadhaar with welfare schemes extended till 30 JuneThe decision came a day after the government also extended the deadline for linking Aadhaar with PAN for the fourth time till 30 June.
Mar 22, 2018
Last date for Aadhaar based verification of mobile connections extendedThe Central government on Wednesday extended the last date for re-verification of mobile connections through Aadhaar based E-KYC process, till "the matter is finally heard and the judgment is pronounced" by the Supreme Court
Mar 15, 2018
Blockchain can improve India's trade finance system but must address certain challenges: ReportBanks in India should start conducting proof of concept with blockchain technology to get a deeper understanding of its likely implication in trade and finance.
Mar 09, 2018
RBI slaps Rs 5 cr penalty on Airtel Payments Bank for violation of guidelines, KYC normsThe fine was imposed after RBI scrutinised the Airtel Payment Bank's documents relating to opening of accounts without any specific or clear consent from the customers