Kyc Norms News
FM 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 2025SC mandates inclusive digital KYC process for persons with disabilities - ‘Right to digital access part of Article 21’
Justices JB Pardiwala and R Mahadevan emphasised, in the judgement, that the state should design an inclusive digital ecosystem accessible to all, including marginalised and vulnerable persons, according to LiveLaw.
3 min read30 Apr 2025RBI imposes monetary penalty of ₹75 lakh on HDFC Bank for violating customer KYC norms
RBI has found that HDFC Bank did not comply with certain directions mentioned in the RBI’s KYC master direction and hence imposed a monetary penalty of ₹75 lakh on the bank.
2 min read26 Mar 2025Budget 2025: Revamped central KYC registry announced to simplify investor onboarding
This initiative seeks to address the longstanding challenges investors face due to fragmented KYC procedures mandated by different regulators overseeing mutual funds, national pension system (NPS), insurance, and banking.
2 min read1 Feb 2025Have you validated your Mutual Fund KYC yet?
KYC validation is crucial for mutual fund investments. An incomplete KYC can hinder new investments and complicate current management. Use your PAN and Aadhaar to validate your KYC for smooth investing.
1 min read20 Nov 2024The collateral damage in RBI’s crackdown on loan frenzy, KYC
RBI has been turning up the heat to strictly enforce KYC guidelines, which mandate banks and other lenders to ask for proofs of address and identity from customers before opening bank accounts. Regulatory push has seen banks becoming more cautious in using services of third-party employees.
4 min read18 Nov 2024Investing in India from abroad: Navigating financial hurdles for NRIs
NRIs face significant hurdles, including extensive paperwork and complex KYC norms, when investing in India. Finding a reliable financial adviser is crucial for NRIs to navigate regulations, ensure compliance, and optimize their investment strategies.
5 min read12 Jun 2024Mutual Fund investors alert! Your transaction will be blocked if you don't do this by March 31. Here's why
If your mutual fund KYC is not based on an officially recognised document as specified by CAMS and KFintech, you'll need to complete your KYC again by March 31, 2024
2 min read29 Mar 2024Sebi’s master circular on KYC norms: What does it mean for the investors?
This master circular released by the capital markets regulator is a compilation of the circulars & directions issued up to September 30 this year
2 min read13 Oct 2023Mutual Fund investors alert! Your transaction will be blocked if you don't do this by March 31. Here's why
If your mutual fund KYC is not based on an officially recognised document as specified by CAMS and KFintech, you'll need to complete your KYC again by March 31, 2024
2 min read29 Mar 2024