Reserve Bank of India introduces new guidelines for inactive bank accounts. Customers can now update KYC at any branch. Video KYC option is...

The Pension Fund Regulatory and Development Authority (PFRDA) allows the Video Customer Identification Process (V-CIP) for National Pension...

Investing in government securities via RBI's retail direct platform benefits NRIs and OCIs, offering no fees and multiple investment option...

Problem to become bigger as deepfakes improve, Nithin Kamath wrote on X last week

The introduction of the Video Re-KYC facility streamlines, improves, and enhances the overall client experience during the Re-KYC process.

Deployment of video KYC will allow end-users to complete and submit their KYC application from the safety and security of their homes. This...

PFRDA has now permitted its intermediaries to use of Video-based Customer Identification Process (VCIP), in addition to the existing option...

The Insurance Regulatory and Development Authority of India (IRDAI) announced recently that it will soon allow insurance companies to use r...

The move comes at a time when regulators across the board are easing compliance processes during the ongoing coronavirus pandemic to minimi...

During the process, the verification of a prospective customer's KYC documents and signature are recorded via a video call with an ICICI Ba...

With the covid lockdown being the new normal in our lives, most financial activities are being done online. The investor can now create a f...

Private sector lender preps for life during COVID announcing the initiative on a pilot basis for savings account opening. May extend the se...

The decision has been taken after taking into consideration feedback from various market participants.

In a move that will enable banks and fintechs onboard customers remotely, RBI has amended its norms to allow the ‘know your customer’ (KYC)...

In 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...

The cost of KYC for each customer can be as high as Rs 250, since an agent has to physically reach out to the customer.

With the RBI saying on Monday that the extension could be used for putting in place alternative systems of completing the KYC process, the ...