Kyc
Sebi plans KYC overhaul to ease client onboarding
Intermediaries must update client KYC records based on information received from KRAs, instead of repeating checks each time a client interacts with a new intermediary, Sebi has proposed.
2 min read16 Jan 2026Identity theft: Technology solutions exist to tackle India’s problem of KYC data leakages
‘Know your customer’ norms were designed to curb financial crime, but they have exposed millions to the risk of their identity data being stolen. The good news is that privacy-preserving technologies could let identities be verified without stockpiling the information that hackers target.
4 min read6 Jan 2026Why the promise of inclusion breaks at digital KYC
Digital KYC has simplified life for most, but it urgently needs multiple options to cater to people with different kinds of disabilities.
4 min read6 Dec 2025Digital KYC still excludes people with disabilities despite new rules
Many people with disabilities are unable to access financial services because their conditions prevent them from completing electronic know-your-customer procedures. There's plenty that needs to be done to resolve this, experts say.
6 min read1 Dec 2025TMC MP Kalyan Banerjee gets back ‘stolen’ ₹57 lakh, slams lack of anti-cyber fraud unit
TMC MP Kalyan Banerjee has been sent the amount stolen from one of his bank accounts. The senior lawyer-politician has questioned the Finance Ministry for the lack of an anti-cyber fraud unit in the country in the wake of the incident.
2 min read8 Nov 2025Many mutual fund investors are prisoners of KYC. Here's how to free yourself.
Only if your KYC status is ‘validated’ can you can invest freely across mutual funds. If it is merely ‘verified’ or ‘registered’, you can continue investing with your existing mutual fund houses, but not new ones.
2 min read3 Nov 2025Sebi tightens KYC norms for mutual funds, but central registry still awaited
Sebi has proposed standardised KYC norms for mutual funds, requiring full verification by KRAs before investments. While fund houses welcome the move, they’re disappointed the plan omits centralised CKYC integration.
4 min read27 Oct 2025Idle bank accounts? Here’s how to close them safely and avoid trouble
Keeping finances organized is crucial but often challenging. Inactive bank accounts in India become inoperative after two years, requiring fresh KYC for reactivation, and funds may be transferred to the DEA Fund after ten years. Customers should review terms before closing an account.
2 min read16 Oct 2025FM urges expedited refunds, seamless KYC at the 29th FSDC meeting
The FSDC also deliberated on issues related to macro-financial stability and India’s preparedness to deal with them.
1 min read11 Jun 2025The ONDC mutual fund pipeline has arrived. Will it take over the industry?
A small set of fintechs are working with Open Network for Digital Commerce, which is a government initiative, to create an alternate route of mutual fund distribution for the masses
7 min read9 Jun 2025