NPS onboarding latest guidelines: PFRDA explains in details how one can enrol for National Pension SystemThe Pension Fund Regulatory and Development Authority has introduced new guidelines for National Pension System onboarding. Subscribers can...
Major relief in KYC updation in your bank account: RBI empowers BCs to update KYCReserve Bank of India has updated KYC norms. Banking correspondent (BC) can now update KYC. This includes NGOs, SHGs, MFIs and even local k...
RBI issues new rules for activating inoperative bank accounts, unclaimed deposits: KYC via video, any branch of bank, business correspondentReserve Bank of India introduces new guidelines for inactive bank accounts. Customers can now update KYC at any branch. Video KYC option is...
RBI simplifies KYC rules to allow face-to-face, video and OTP-based onboarding for customersThe Reserve Bank of India has introduced amendments to its KYC norms, streamlining customer onboarding through Aadhaar-based e-KYC, video K...
RBI makes it easier to claim dormant fundsReserve Bank of India plans to simplify claiming unclaimed deposits. New rules allow KYC updates via video calls and business correspondent...
Big relief proposed by RBI for account holders in activating an inoperative bank account or claiming unclaimed depositsThe Reserve Bank of India proposed on May 23, 2025, to ease access to inoperative accounts and unclaimed deposits. Banks will be required t...
NPS video customer identification process: How to do video KYC for NPS from your homeThe Pension Fund Regulatory and Development Authority (PFRDA) allows the Video Customer Identification Process (V-CIP) for National Pension...
NPS: Benefits of Video-based Customer Identification Process for subscribersNPS: Benefits of Video-based Customer Identification Process for subscribers
You need to submit fresh KYC documents in certain cases: When is it required?According to the central bank, a new KYC procedure can be completed in person at a bank branch or online using a video-based Customer Ident...
Fresh KYC process can be done through video, says RBI"Fresh KYC process can be done by visiting a bank branch, or remotely through a Video based Customer Identification Process (V-CIP) (wherev...
NPS death claim: Video-based identification allowed for verification of legal heir, nomineeThe PFRDA has decided to permit intermediaries to use technological intervention by using Video Based Customer Identification Process (VCIP...
Indian Bank launches video KYC facility enabled by VCIP technologyThe Video KYC facility, developed in conjunction with Gieom Business Solutions, further simplifies the subsequent steps and would deliver t...
No freezing a/c for KYC, digital proof can be finalThe RBI on Wednesday relaxed KYC (know-your-customer) norms to enable the process to be completed remotely and prevent banks from freezing ...
KYC details can be updated by Dec 31; select limited KYC a/cs can be made fully compliant: RBIRBI also announced that limited KYC accounts opened on the basis of Aadhaar e-KYC authentication in non-face-to-face mode can be converted ...
Open NPS account from home; PFRDA allows onboarding subscribers via video KYCPFRDA has now permitted its intermediaries to use of Video-based Customer Identification Process (VCIP), in addition to the existing option...
Relief for financial firms as RBI allows video KYCIn a move that will enable banks and fintechs onboard customers remotely, RBI has amended its norms to allow the ‘know your customer’ (KYC)...
Relief for finance firms as RBI allows video KYCIn a step to save costs and time, the RBI decided to permit videobased KYC (Know Your Customer) which will be a huge relief to map remote c...