Kyc Norms

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  RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms

  The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.

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  "Multiple FASTags Won't Work", Says Highways Body As New Norm Comes Into Force

  New FASTag rules: It is a pre-paid tag facility for vehicles that allows non-stop movement of traffic without having to wait at the toll plazas. The credit card-sized document is usually affixed on the windscreen of the car.

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  FASTags With Incomplete KYC To Be Deactivated After Jan 31: Here's How To Avoid That

  The National Highway Authority of India (NHAI) has announced that it will be deactivating those FASTags for which Know Your Customer (KYC) is not done.

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  Amazon Pay Fined Rs 3.06 Crore For Non-Compliance With Norms

  The Reserve Bank of India todaysaid it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions related to Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.

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  Telecom Bill Likely to Be Implemented in 6-10 Months, IT Minister Ashwini Vaishnaw Says

  IT Minister Ashwini Vaishnaw said on Friday that the the new Telecom Bill that will replace the 137-year-old Indian Telegraph Act, Indian Wireless Telegraphy Act, and the Telegraph Wires (Unlawful Possession) Act, is likely to be in place within 6-10 months. The bill, once approved, may require over-the-top players like Whatsapp, Zoom and Google Du...

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  How To Withdraw PF (Provident Fund): Steps And Rules Explained

  Employees can withdraw their PF online quite easily

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  TRAI Mulling Norms For Strengthening Caller's Identification

  TRAI will soon start consultation on framing a mechanism for caller's know your customer (KYC) based name to flash on phone screens when someone calls

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  RBI Penalises Bank Of Maharashtra Rs 1.12 Crore

  Reserve Bank of India has imposed a penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions

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  RBI Penalises Axis Bank, IDBI Bank For Non-Compliance With Regulatory Norms

  RBI has imposed penalties worth Rs 93 lakh and Rs 90 lakh on Axis Bank and IDBI Bank respectively for deficiencies in regulatory compliance

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  SEBI Clarifies On Investors' Service Request Norms: Report

  Sebi issued clarifications on guidelines pertaining to processing investors' service requests by Registrars to an Issue and Share Transfer Agents (RTAs) and norms for furnishing PAN, KYC details and nomination.

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  Stocks To Watch: Axis Bank, SBI, Kotak Mahindra Bank

  The RBI has imposed a penalty of Rs 25 lakh on Axis Bank for contravention of certain provisions of Know Your Customer (KYC) norms

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  RBI Imposes Rs 25 Lakh Penalty On Axis Bank For Violating Certain Norms

  RBI imposed a monetary penalty of Rs 25 lakh on Axis Bank as it failed to comply with certain provisions of Know Your Customer (KYC) norms.

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  SBI Warns Customers Of KYC Fraud: Here's How You Can Keep Your Account Safe

  State Bank of India issued alert warning customers of instances where fraudsters have duped people with the Know Your Customer(KYC) verification.

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  RBI Clears Confusion On Cryptocurrency Trading, Asks Banks To Perform Customer Due Diligence

  In a statement, the RBI has said that the particular order on crypto currencies is no longer valid as it had been set aside by the Supreme Court.

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  RBI Relaxes KYC Norms Till End Of Year: Here's What Customers Should Know

  The Reserve Bank today, relaxed the KYC norms for account holders till the end of this year, in order to provide relief amid the second wave of COVID-19 in the country