Search For "kyc norms"
J-K: Anantnag police conducts inspection of SIM vendors to curb 'misuse'
Updated : 1 year, 5 months ago IST
"The inspection focused on verifying adherence to Know Your Customer (KYC) norms, proper documentation, and preventing unauthorized issuance of SIM cards. Vendors were monitored to ensure their operations comply with all legal and regulatory requirements," the statement added.
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RBI imposes monetary penalty on Gauhati Co-operative Urban Bank
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): The Reserve Bank of India (RBI) on Thursday said it has imposed a monetary penalty on Guwahati-based co-operative bank The Gauhati Co-operative Urban Bank Limited for non-compliance with KYC-related compliance.
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KYC now made available for public blockchains by Newrl
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 7 (ANI/NewsVoir): Newrl, a leading public blockchain for mainstream decentralized finance (DeFi), has announced KYC integration solutions for public blockchains in a first globally.
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RBI imposes monetary penalty on IndusInd Bank
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1 crore on IndusInd Bank for non-compliance with certain directions related to Know Your Customer (KYC).
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RBI imposes monetary penalty on Madhya Pradesh-based cooperative bank
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBl) on Monday said it has imposed a monetary penalty of Rs 50,000 on Jila Sahakari Kendriya Bank Maryadit, Morena, Madhya Pradesh, for non-compliance of Know Your Customer (KYC) related norms.
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RBI imposes Rs 1.12 crore monetary penalty on Bank of Maharashtra
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], April 25 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions related to Know Your Customer (KYC).
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RBI imposes monetary penalty on Manappuram Finance for non-compliance of K
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 18 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 17.63 lakh on Manappuram Finance Limited for non-compliance of norms related to Know Your Customer (KYC) and Prepaid Payment Instruments (PPIs).
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RBI imposes Rs 25 lakh penalty on Axis Bank
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector lender Axis Bank for non-compliance with certain provisions of Know Your Customer (KYC) norms.
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RBI imposes Rs 1 crore penalty on HDFC Bank
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Jan 30 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs one crore on HDFC Bank for non-compliance of Know Your Customer (KYC) norms.
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RBI penalises HDFC Bank for violating KYC norms
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Jun 19 (ANI): The Reserve Bank of India (RBI) has imposed a fine of Rs one crore on private sector lender HDFC Bank for violation norms relating to know-your-customer (KYC), anti-money laundering and reporting of frauds.
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Surge in FPIs will positively impact rupee: DEA Secy
Updated : 7 years, 8 months ago IST
New Delhi [India], Sep 22 (ANI): In the wake of a revision in the Know Your Client (KYC) norms and eligibility conditions for Foreign Portfolio Investors (FPIs), Department of Economic Affairs (DEA) Secretary Subhash Chandra Garg said an increase in FPIs would take place, which would have a
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Short of Money at month end? these fintech platforms can offer short term
Updated : 7 years, 10 months ago IST
New Delhi [India], July 20 (ANI): How many times have you found yourself short of cash near the end of the month? When, the salary day seems far away. You have to scrounge hard to complete the month with your bank account teetering on a triple-digit balance.
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