Soon, banks to add additional KYC verification layers; check details

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.

Mar 5, 2024 - 10:00
Soon, banks to add additional KYC verification layers; check details
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.