AI, deepfakes and money laundering
For decades, policymakers and bankers have battled the paradox of fostering financial inclusion without compromising financial integrity.
For decades, policymakers and bankers have battled the paradox of fostering financial inclusion without compromising financial integrity.
Congress leader Jairam Ramesh alleged this mass deletion coincides with the introduction of the e-KYC process, which is part of the government's efforts to introduce Aadhaar-based digital processes under the guise of transparency.
The Asansol Durgapur Police Commissionerate (ADPC) has unearthed a major digital crime racket and arrested eight members involved, including its kingpin, who is on the wanted list of several cyber crime police stations across the country.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday informed that banks are organising camps at the Panchayat level from July 1 to September 30 for re-KYC of Jan Dhan Accounts.
Prime Minister Narendra Modi on Sunday said a nationwide KYC drive is underway, with camps being held in Gram Panchayats to ensure Jan Dhan account holders can easily complete the process.
Upholding the regulations brought in by the Tamil Nadu Government, making mandatory Aadhaar-based KYC verification and night ban on online Real Money Games (RMG)
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 an official statement issued on Wednesday.
The Department of Food and Public Distribution has computerised the entire distribution process covering all 20.4 crore household ration cards, covering 80.6 crore beneficiaries, Ministry of Consumer Affairs, Food & Public Distribution said on Wednesday.
The Secretary,Department of Financial Services (DFS),M. Nagaraju, on Monday suggested means for doing fresh Know Your Customer (re-KYC) process for the Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders.
The total number of client codes (accounts) registered with the leading exchange stands at 19 crore, the NSE informed.
