Irdai forms task force to facilitate ease of doing KYC using Aadhaar
Regulator Irdai has constituted a task force to facilitate ease of doing Know Your Customer (KYC) by insurers using Aadhaar, ...
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Tag: KYC
FinMin permits 22 finance cos to undertake Aadhaar-based verification of clients
The Finance Ministry has allowed 22 financial companies, including Amazon Pay (India) and Hero FinCorp, to undertake Aadhaar-based authentication of ...
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Money transfer: RBI mandates complete info about originator, beneficiary
The Reserve Bank on Thursday instructed banks and other financial institutions to ensure cross-border as well as domestic wire transfers ...
Read moreHigh balance bank accounts without updated KYC details under the lens
The government and the banking sector regulator are looking into operative accounts with significant balances that have not updated their ...
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NPCI’s interoperability guidelines to pave way for additional revenues for Paytm Payments Bank: Analysts
Analysts including Morgan Stanley and Citi said that the NPCI's latest guidelines on interoperability significantly improve the salience of wallets ...
Read moreFresh KYC process can be done through video, says RBI
The Reserve Bank of India has released fresh guidelines for the know your customer (KYC) processes that allow for them ...
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Bima Sugam to be game changer for insurance sector, says IRDAI Chairman Panda
Insurance regulator IRDAI is working on Bima Sugam, which will act as a game changer in the insurance sector by ...
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