To begin with, Indian Bank, in a statement here said the initiative would dispense with the need for a personal visit to any branch of the bank to complete the physical verification process in place, ...

KYC, or ‘know your customer,’ is a mandatory verification procedure by financial institutions to minimize illegal activities. Since 2004, the Reserve Bank of India has prohibited individuals ...

KYC or ‘Know your customer’ is a verification process, mandated by the Reserve Bank of India ... required to fill an online KYC registration form on their preferred portal through which ...