Rationalization of Compliance to KYC Requirements
RBI has provided the biggest fillip to digital in India: Rationalization of Compliance to KYC Requirements Key changes made by RBI in KYC norms: (a) Extending the scope of video KYC known as V-CIP (video-based customer identification process) for new categories of customers such as proprietorship firms, authorized signatories, and beneficial owners of Legal Entities and […]