KYC

Are you getting calls, messages saying your SIM card will be blocked? It is fake, says COAI

Are you getting calls, messages saying your SIM card will be blocked? It is fake, says COAI

There has noticed an increase in cases of mobile users be harassed by calls and messages that their numbers will be blocked as their KYC ...Read More

EOW-Mumbai summons directors of top commodity brokerage firms in NSEL case

EOW-Mumbai summons directors of top commodity brokerage firms in NSEL case

Stepping up its probe in the NSEL case, the Economic Offences Wing of Mumbai Police has served summons to directors of nearly 100 commodi...Read More

Bhopal: Retired Bharat Heavy Electricals Limited officer loses Rs 10.4 lakh in three hours

Bhopal: Retired Bharat Heavy Electricals Limited officer loses Rs 10.4 lakh in three hours

Pretending to be bank employee, the caller sought ATM details and OTP on pretext of updating KYC.

RBI eases KYC compliance; no restrictions till December 31, 2021

RBI eases KYC compliance; no restrictions till December 31, 2021

Customer accounts where periodic Know Your Customer (KYC) updating is new or pending will attract "no punitive restriction on the operati...Read More

SBI not to freeze accounts if KYC not updated; customers can send details through post, email

SBI not to freeze accounts if KYC not updated; customers can send details through post, email

The State Bank of India said on Saturday that the bank will not ask its customers to visit the branches for updating Know Your Customer (...Read More

After PNB, now SBI launches video KYC for saving accounts

After PNB, now SBI launches video KYC for saving accounts

On April 20, state-run Punjab National Bank (PNB) announced its video KYC facility for opening saving accounts. Now, yet another public s...Read More

Not Once but Twice: Bizman duped of Rs 3.67 lakh on pretext of KYC update

Not Once but Twice: Bizman duped of Rs 3.67 lakh on pretext of KYC update

After Fraudulently Withdrawing Rs. 2.69 Lakh from Current Account, Phishers Used Rs 50,000 as Bait to Clean out Another Rs. 98,000 from H...Read More

Mumbai Crime: Kandivali bizman loses Rs 3.97 lakh to phishing

Mumbai Crime: Kandivali bizman loses Rs 3.97 lakh to phishing

Within minutes of sharing the OTP, the victim lost over Rs 3.97 lakh in eight transactions, each worth Rs 49,637.

Your Mutual Fund KYC is now valid for National Pension Scheme too

Your Mutual Fund KYC is now valid for National Pension Scheme too

With the stock markets zooming to new highs, many people have invested in India’s growth story via the mutual fund Systematic Investment ...Read More

Beware of KYC calls: Paytm founder has a warning for all users

Beware of KYC calls: Paytm founder has a warning for all users

Paytm founder Vijay Shekhar Sharma on Wednesday warned Paytm users about scam messages and emails. He asked them to not fall prey to frau...Read More

Sebi eases requirements for FPIs, allows smart cities to issue municipal bonds

Sebi eases requirements for FPIs, allows smart cities to issue municipal bonds

Mumbai: Unveiling a raft of reform measures, markets watchdog Sebi on Wednesday relaxed compliance requirements for foreign portfolio inv...Read More

RBI imposes penalty on four banks for non-compliance of KYC/AML rules

RBI imposes penalty on four banks for non-compliance of KYC/AML rules

While Punjab National Bank, Allahabad Bank and UCO Bank have been fined Rs 50 lakh each, Corporation Bank has been asked to pay Rs 25 lak...Read More

Ministry of Corporate Affairs to launch KYC process to get rid of con accountants and company secretaries

Ministry of Corporate Affairs to launch KYC process to get rid of con accountants and company secretaries

To get rid of unqualified persons fraudulently carrying out functions of chartered accountants, cost accountants, and company secretaries...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

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Sebi issues revised KYC guidelines for FPIs

New Delhi : Markets regulator Sebi on Friday issued revised KYC norms for foreign portfolio investors, wherein resident as well as non-re...Read More

Revised KYC norms for FPIs soon

Revised KYC norms for FPIs soon

Mumbai : In a significant move, Sebi on Tuesday said it would soon come out with revised KYC norms for foreign investors and also allow o...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

Rubique MD and CEO Manav Jeet: We provide best lending options keeping in mind borrower’s need

Rubique MD and CEO Manav Jeet: We provide best lending options keeping in mind borrower’s need

A technology-based marketplace—Rubique, which serves both retail and SME borrowers, offers loan products with speed and accuracy based on...Read More

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‘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

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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

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