Know Your Customer

Cyber Fraud: 70-yr-old duped of Rs 63,000 in card KYC fraud

Cyber Fraud: 70-yr-old duped of Rs 63,000 in card KYC fraud

A south Mumbai-based septuagenarian was duped of Rs 62,596 by an unidentified accused on the pretext of updating his debit card's Know Yo...Read More

Mumbai Crime Watch: Now, cycle spare seller falls prey to e-wallet fraud in Kashimira

Mumbai Crime Watch: Now, cycle spare seller falls prey to e-wallet fraud in Kashimira

Online fraudsters have refused to mend their ways and are striking at will Maharashtra. Less than a week after a businessman from Bhayand...Read More

Mumbai Crime Watch: Family in Bhayandar loses Rs.1.67 lakh in e-wallet KYC fraud

Mumbai Crime Watch: Family in Bhayandar loses Rs.1.67 lakh in e-wallet KYC fraud

A 47-year-old Bhayandar based electric accessories trader and his family members have became the latest victims of a phishing scam.Online...Read More

Soon, banks may ask depositors for their religious background in KYC forms

Soon, banks may ask depositors for their religious background in KYC forms

Amid anti-CAA protests, reports have surfaced saying that soon banks may ask depositors for their religious background in 'Know Your Cust...Read More

KYC deadline extension for M-wallets

KYC deadline extension for M-wallets

New Delhi: Players like Amazon Pay and Mobikwik on Tuesday said the extension of deadline for Know Your Customer (KYC) norms will ensure ...Read More

KYC and ease of doing business

KYC and ease of doing business

Long ago, fraudsters used to lay their hands on cheques and documents in transit and get them transferred in their names. Moreover, docum...Read More

Aadhaar seeding must for bank A/Cs, says RBI

Aadhaar seeding must for bank A/Cs, says RBI

Mumbai : The Reserve Bank of India (RBI) has made linking of national biometric ID Aadhaar to bank accounts mandatory as part of its upda...Read More

placeholder

Airtel Payments Bank faces Rs 5-cr RBI fine

Mumbai : The Reserve Bank of India (RBI) has imposed a penalty of Rs 5 crore on Airtel Payments Bank for violating operating guidelines a...Read More

E-wallet: RBI refuses to extend KYC compliance deadline beyond February 28; how it will affect you

E-wallet: RBI refuses to extend KYC compliance deadline beyond February 28; how it will affect you

In a major setback for digital wallets or prepaid payment instrument (PPIs), RBI has declined to extend the deadline for the mandatory KY...Read More

Identity theft: Cheats secure bank loan by tampering with KYC papers in Bhayandar

Identity theft: Cheats secure bank loan by tampering with KYC papers in Bhayandar

Bhayandar: The next time you hand over your ‘know your customer’ (KYC) documents to loan processing agents or other unknown people for fi...Read More

Tata Capital launches Aadhaar based e-KYC platform for loans

Tata Capital launches Aadhaar based e-KYC platform for loans

Mumbai: The financial services arm of Tata Group, Tata Capital, has launched an Aadhaar-based biometric Know Your Customer (KYC) process ...Read More

placeholder

‘Know your employee’ to check frauds: CVC

Due diligence on employees and professionals like CAs, valuers and advocates involved in the loan assessment and sanctioning processes is...Read More

placeholder

RBI imposes monetary penalty on Union Bank

New Delhi : The Reserve Bank of India (RBI) had earlier this week imposed a monetary penalty of Rs 3 crore on Union Bank of India for non...Read More

Black Money: Govt places a Rs 5,000 cap on deposit of old currency till 30 Dec

Black Money: Govt places a Rs 5,000 cap on deposit of old currency till 30 Dec

The government continues its crack-down on the black money. Since demonetisation was announced on 8 November, several changes on withdraw...Read More

Free Press Journal

www.freepressjournal.in