Updates to KYC Norms by the RBI: A Comprehensive Overview
The Reserve Bank of India's approach to Know Your Customer (KYC) norms has seen multiple updates since 2020, reflecting on the ongoing effort to adapt to technological advancements and regulatory requirements. As per SEBI expert lawyers, these changes demonstrate the RBI's commitment to enhancing efficiency, ensuring compliance with anti-money laundering laws, and improving customer experience...
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