Soon, banks to add additional KYC verification layers; check details
Tuesday, 5 March 2024
Banks in India are implementing stronger Know Your Customer (KYC) standards by adding additional verification layers to identify account holders. The government has formed a committee to ensure standardized and interoperable KYC norms across the financial sector.
Banks in India are implementing stronger Know Your Customer (KYC) standards by adding additional verification layers to identify account holders. The government has formed a committee to ensure standardized and interoperable KYC norms across the financial sector.
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