Latest News on Kyc
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Kyc - Total results - 89
Jan 16, 2019
RBI imposes Rs 1-cr fine on Bank of Maharashtra for non-compliance of KYC, fraud-classification normsThis penalty has been imposed taking into account the failure of the bank to adhere to directions issued by the RBI, the central bank said in a statement.
Jan 11, 2019
Amazon begins doorstep verification of KYC services for e-wallet users; cost of operations to burn hole in firm's pocketThe Unique Identification Authority of India (UIDAI), the Aadhaar issuing authority had asked digital wallets and mutual funds registrars to stop using Aadhaar data
Jan 02, 2019
Paytm Payments Bank resumes KYC process for bank, wallet customers after nod from RBIPaytm Payments Bank Ltd in June last year was asked to stop adding new customers after an audit by the RBI that made some observations about the bank's KYC processes
Dec 18, 2018
Cabinet approves law amendment for voluntary Aadhaar linking with SIMs, bank accountThe Cabinet has approved amendments to the Telegraph Act and Prevention of Money Laundering Act.
Nov 12, 2018
NITI Aayog to hold meeting with digital payments industry on KYC issueFICCI and the NITI Aayog on Monday jointly organised a workshop on the 'Online Digital Payments Programme' aimed at capacity building and imparting training to the officials working in this area.
Nov 09, 2018
Airtel, Reliance Jio and others to start using alternate non-Aadhaar KYC processEach operator like Airtel, Vodafone Idea, Reliance Jio, others would carry out the process at two sites, per DoT notification.
Nov 05, 2018
Airtel replaces Aadhaar-based electronic verification with digital KYC processAirtel's digital KYC process has begun with select circles including Delhi, UP (East) and UP (West).
Nov 02, 2018
Telecom operators seek time till 20 November to roll out new subscriber registration, verification processThe government on 26 October ordered telecom companies to stop using Aadhaar for electronic verification of existing mobile phone customers as well as for issuing new connections to comply with a recent Supreme Court order.
Oct 10, 2018
Govt may need to have a new form of law to mandate SIM card and bank account linking to AadhaarThe government will have to ensure that it addresses issues drawn out by majority and minority verdict.
Oct 01, 2018
UIDAI asks telecom companies to submit an Aadhaar-exit plan by 15 OctoberThe Supreme Court has disallowed private entities from possessing the Aadhaar details of customers.