kyc

According to a media report, Hindus, Sikhs, Buddhists, Jains, Parsis and Christians refugees -- from Pakistan, Bangladesh and Afghanistan holding long-term visas (LTVs) -- will have to disclose their religion in the bank's KYC forms.

The Reserve Bank of India (RBI) has imposed a fine of Rs one crore on private sector lender HDFC Bank for violation norms relating to know-your-customer (KYC), anti-money laundering and reporting of frauds.

New Delhi: Aadhaar seeding must for bank accounts under KYC norms, said the RBI. The Reserve Bank of India has...