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  21 lakh company directors fail to comply with KYC norms, govt begins de-activating ID numbers

  India | September 16, 2018 18:42 IST

  The latest move by the Corporate Affairs Ministry also comes at a time when the government has intensified the crack down on shell companies, which are suspected to be conduits for illicit fund flows.

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  Aadhaar seeding mandatory for bank accounts under KYC norms, says RBI

  India | April 21, 2018 19:12 IST

  Till now, an Officially Valid Document (OVD) for address proof together with Permanent Account Number (PAN) issued by the Income Tax department and a recent passport size photograph were the key KYC documents.   

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  Aadhaar Virtual ID: All you need to know about UIDAI's new security net

  India | January 11, 2018 22:07 IST

  Using the newly launched feature, cardholders will be able to generate their 'Virtual ID' for various purposes including SIM verification.

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  Airtel fiasco: CEO Gopal Vittal admits to Aadhaar lapse, says situation could have been handled better

  Business | December 26, 2017 11:04 IST

  Oil ministry claimed that Rs 167 crore of LPG subsidies had been deposited in the accounts of Airtel Payments Bank without the customers knowing that such accounts had been opened.

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  UIDAI suspends Airtel, Airtel Payments Bank's eKYC licence over Aadhaar misuse

  Business | December 16, 2017 19:45 IST

  The UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process as well as e-KYC of payments bank clients.

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  PFRDA makes NPS account opening paperless if opened via Aadhaar

  January 01, 2017 17:05 IST

  In effort to simplify the process, Pension Fund Regulatory and Development Authority (PFRDA) has taken a big step to make NPS account opening completely paperless. PFRDA in October 2013, had allowed acceptance of e-KYC as

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  Banks stop questioning depositors after fresh RBI directive

  December 21, 2016 21:04 IST

  Following the RBI’s circular to banks exempting KYC-compliant accounts from scrutiny even if the deposited amount exceeded Rs 5000, banks today began accepting the junked Rs 500 and Rs 1000 notes without any questions. With

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  RBI rolls back restrictions, no questioning for deposits over Rs 5000 in old notes

  December 21, 2016 14:35 IST

  Two days after imposing restrictions on deposit of demonetised currency notes in banks, the Reserve Bank of India today rolled bank the provision for accounts that are compliant with the KYC norms. According to a

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  Mobile E-KYC norms to be in place within a month: Telecom department

  April 12, 2016 17:29 IST

  New Delhi: The Department of Telecom plans to issue e-KYC norms within a month which would help in activating mobile phone connections in a few minutes. “The DoT will come up with one reform oriented

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  RBI asks rural banks to partially freeze KYC non-compliant a/cs

  November 03, 2014 7:29 IST

  Mumbai: The RBI has directed regional rural and central cooperative banks to partially freeze bank accounts of those customers who have not complied with the Know Your Customer norms.Similar instructions were issued to commercial banks

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  LPG consumers with multiple connections must submit KYC by year-end: Govt

  India | December 07, 2012 16:52 IST

  New Delhi, Dec 7 :  Cooking gas (LPG) consumers with multiple connections who do not submit Know Your Customer (KYC) forms by month end will lose subsidised LPG supply and will be charged commercial rates,

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  Sebi Launches India's First KYC Registration Agency

  January 04, 2012 17:38 IST

  Mumbai, Jan 4: Capital markets regulator Sebi said it is talking to other regulators to adopt its uniform know-your-customer (KYC) requirements as also the single-point agency or platform that was launched here today.“We are informally