Showing results for "#KYC"
RBI slaps Rs 75 lakh fine on HDFC Bank for breach of norms
The RBI found that the bank did not categorise certain customers into low, medium or high risk category based on its assessment and risk perception.
Chennai Metro Rail introduces non-KYC NCMC card dispensers at 13...
14 Aug 2024CMRL has collaborated with Ongo, a digital payment platform of AGS Transact technologies for launching the instant Ongo ride NCMC card dispensers.
FASTags without KYC link to be deactivated after Jan 31
15 Jan 2024The NHAI has taken this initiative after the recent reports of multiple FASTags being issued for a particular vehicle and FASTags being issued without...
Sebi scraps freeze order on physical securities without PAN, KYC
17 Nov 2023In its new amendment, Sebi has stated that reference to the term 'freezing/frozen' has been deleted.
RBI imposes Rs 5.39 crore penalty on Paytm Payments Bank
13 Oct 2023The central bank also found non-compliance with certain provisions related to ‘RBI Guidelines for Licensing of Payments Banks’, ‘Cyber security...
RBI panel suggests a host of customer-centric initiatives for banks
5 Jun 2023It recommended that there should be a time limit for the return of property documents to borrowers after the closure of the loan account, failing...
No need to mention religion for bank A/c, KYC: Finance Secy
21 Dec 2019The Finance Ministry on Saturday said no Indian citizen has to mention religion for opening an account in banks.
MMK opposes Central Bank KYC norms on NPR as proof
15 Jan 2020Objecting to Central Bank of India listing a letter from National Population Register (NPR) as one of the identity proof documents for 'know your...