Search result for 'kyc documents'

CBI raids 42 locations across 8 states and arrests 5 for selling illegal SIM cards used in digital arrest scams. The raids were part of Operation Chakra V, aimed at curbing cybercrimes.

Sebi proposes a framework for structured exit of KYC registration agencies (KRAs) to safeguard investor data and ensure continuity of services in case of closure.

RBI Governor Sanjay Malhotra calls for an end to repeated KYC document requests by banks, citing inconvenience to customers. He also stresses the importance of complaint redressal and using AI for...

Microfinance institutions (MFIs) are facing challenges including rising delinquencies and seek government support, including a dedicated funding mechanism and credit guarantee.

DFS Secretary M Nagaraju has instructed banks to conduct fresh KYC verification for PM Jan Dhan accounts. The re-KYC process aims to update KYC details for approximately 10.5 crore accounts that...

The Reserve Bank of India (RBI) warns the public against fraudulent activities using its name. Don't share your account login details, OTP, or KYC documents with unidentified individuals.

ICICI Prudential Life simplifies claim settlement for Wayanad landslide victims, requiring only 3 documents. Learn more about the streamlined process.

India's Department of Telecom has ordered telecom operators to re-verify over 6 lakh mobile connections suspected to be obtained using fake documents within 60 days. This comes after AI-driven...

GST intelligence officers have detected fake Input Tax Credit (ITC) cases worth Rs 18,000 crore from April to December, with 98 arrests. The Directorate General of GST Intelligence (DGGI) has...

The Reserve Bank of India warns against KYC updation scams. Don't share documents with unknown entities and contact your bank directly for verification. #KYC #Fraud #RBI

A new survey reveals that over 50% of bank locker customers are closing their facilities due to increased charges and cumbersome KYC requirements. Find out more about the reasons behind this trend.

GST officers busted a syndicate involved in fraudulent ITC claims worth Rs 275 crore, using 102 fake firms. The syndicate was operated by four masterminds who used stolen KYC documents to create...