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Public sector Indian Bank on Tuesday said it has launched the Video KYC (know your customer) facility, which allows an applicant to open an account from anywhere by incorporating its Video-Based ...
The Payments Council of India has also requested the central bank to permit drawdown by the customer from a non-revolving credit line to be disbursed into a full-KYC PPI. The lobby group explains ...
Indian Overseas Bank (IOB) has introduced an online Re-KYC service to streamline its clients‘ Know Your Customer (KYC) update process. This digital facility enables ...
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 ...
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, ...