KYC Frauds: Retired RBI employee falls prey to a scam, loses Rs 3.38 lakh; Here’s how to remain safe
According to reports, the woman received a message on her phone on November 8 stating that she had not updated her KYC information in a long time. The message included a phone number that purported to be that of an SBI officer.
Nov 13, 2021, 15:10 PM ISTCDSL Data Breach: 44 million investors' personal data like PAN, Demat details leaked
According to CyberX9, the problem could have been resolved in two hours. This breach will have an impact on investors since they will almost certainly become the target of phishing attacks in which hackers impersonate brokers, banks, and corporations in order to defraud them of their money.
Nov 08, 2021, 15:41 PM ISTPFRDA allows investors to invest in Atal Pension Yojana via Aadhaar eKYC
PFRDA has allowed Aadhaar eKYC as an additional option to onboard more customers under its flagship pension scheme Atal Pension Yojana.
Oct 31, 2021, 15:46 PM ISTDoT simplifies KYC for new mobile connections, prepaid to postpaid transfers, check new rules
Department of Telecommunications (DoT) has simplified the know your customer (KYC) process for new mobile connections as well as for prepaid to postpaid transfers and vice-versa.
Sep 22, 2021, 11:53 AM ISTAlert! Vodafone Idea warns all users against THIS fraud: Here’s how to stay safe
These fraudsters follow a certain process which is like they will first call you and ask to update your KYC details since your SIM card will be blocked if your details are incomplete, or haven’t been updated, or have expired.
Jul 31, 2021, 16:58 PM ISTSBI OTP fraud: Check how to avoid falling for the scam or lose your savings
Banks often tell customers not to share One-Time Password (OTP) or click on dubious links that might be a part of a scam.
Jul 09, 2021, 11:15 AM ISTRBI simplifies KYC norms; here’s how video-based customer identification process becomes easier
V-CIP is an alternate method of customer identification with facial recognition and customer due diligence by an authorised official of the regulated entity by undertaking seamless, secure, live, informed-consent based audio-visual interaction with the customer to obtain identification information. Among others, RBI regulated entities (REs), include banks, NBFCs, and payment system operators.
May 11, 2021, 22:31 PM ISTSBI KYC update! Here’s how you can update details without visiting bank
Banks usually carry out periodic updation of their database at least once every two years for high-risk customers.
May 02, 2021, 15:42 PM ISTPAN or Aadhar not required for gold purchase, but there is a catch
Sources said that the notification issued under PML Act, 2002, on December 28, 2020, is a requirement of FATF Dealers in Precious Metals and Precious Stones (DPMS) to carry out KYC and Customer Due Diligence only when they conduct cash transactions above Rs 10 lakh.
Jan 09, 2021, 10:59 AM ISTHDFC Bank launches video KYC facility for savings, corporate salary A/c, Personal Loans--Check benefits
The Video KYC facility has been deployed for Savings and Corporate Salary accounts and Personal Loans
Sep 17, 2020, 14:53 PM ISTEPFO updates 2.39 lakh Aadhaar, 5.26 lakh bank account in its subscribers UAN despite Covid Pendemic
Once this exercise is completed and seeded KYC details validated, the EPFO subscriber becomes empowered to avail services of EPFO through digital mode.
Aug 24, 2020, 17:31 PM ISTWant to update EPFO KYC details online? Here is a step by step guide
The KYC updation is a one time Process that helps in the identity verification of its subscribers through linking of the UAN with the KYC details.
Aug 24, 2020, 17:16 PM ISTEPFO updates KYC details of 52.62 lakh subscribers in April, May 2020
This includes Aadhaar seeding for 39.97 lakh subscribers, mobile seeding (UAN activation) for 9.87 lakh subscribers and bank account seeding for 11.11 lakh subscribers.
Jun 03, 2020, 16:31 PM ISTInsurance, Security agency not to ask for Aadhaar card for KYC
In a step to ensure the protection of Aadhaar related information of people, the Finance Ministry has ordered the insurance and security agency not to ask for the Aadhaar card photocopy for Know Your Customer (KYC) process. Instead, the Ministry has recommended insurance companies and agencies to use UIDAI - Aadhar Authentication Service in order to complete the verification process.
Apr 26, 2020, 07:38 AM ISTDNA: All you need to know about E-wallet KYC scam
In this segment of DNA, Know about latest E-wallet KYC scam. #DNA #KYCScam
Nov 27, 2019, 23:02 PM ISTCabinet approves Aadhaar Amendment Bill, claims it is people friendly
The Aadhaar and Other Laws (Amendment) Bill, 2019 will be introduced in ensuing session of Parliament.
Jun 13, 2019, 12:35 PM ISTBanks can use Aadhaar for KYC with customer's consent: RBI
The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts.
May 30, 2019, 10:46 AM ISTGovt orders telcos to stop using Aadhaar for verifying existing mobile customers
The government has ordered telecom companies to stop using Aadhaar as a mean of authentication for verifying existing mobile customers.
Oct 26, 2018, 21:13 PM ISTSebi issues revised KYC norms for foreign portfolio investors
Two circulars pertaining to KYC (Know Your Client) requirements and eligibility conditions for FPIs have been issued.
Sep 21, 2018, 23:11 PM ISTRBI slaps penalty of Rs 3 crore on Axis Bank, 2 crore on Indian Overseas Bank
Axis Bank attracted fine for flouting NPA norms and state-run Indian Overseas Bank for KYC breach.
Mar 05, 2018, 20:31 PM IST