Video KYC

V for Video: Transformation of the Relationship Manager

Of all things Coronavirus, the least talked about is how it has made WFH favorite for Word of the Year 2020. Yes, we are all adjusting to this new work-culture phenomenon. No more than those for whom face-to-face interaction was core to their work.

Digital KYC

KYC in the Times of Coronavirus

KYC has seen a few digitization ups and downs over the years. The Coronavirus pandemic and the resulting lockdown has rushed in few new trends in KYC. Here’s a quick snapshot.

Video KYC

10 Things You Need to Know About RBI's latest Video KYC Regulations

Here are 10 things you definitely need know to keep yourself compliant with the new regulations.

RBI

Rs. 1.75 Crore Penalties for KYC Violations

The RBI is getting tough for any violations on those fronts. PNB, UCO Bank, Corporation Bank, and Allahabad Bank just the latest to be slapped with fines by the RBI to the tune of Rs 1.75 Crores. These are for non-compliance with KYC requirements and opening of current accounts.