New Delhi, Feb 19 (IANS) The Delhi High Court has agreed to examine a public interest litigation (PIL) seeking framing of comprehensive guidelines to curb the growing menace of frauds perpetrated through the Unified Payments Interface (UPI). Issuing notice, a bench of the Chief Justice D.K. Upadhyaya and Justice Tejas Karia sought responses from the Union government, the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) on the plea filed by retired Central governm…
Latest KYC compliance News & Updates
Ahmedabad, Feb 10 (IANS) Against the backdrop of rising incidents of digital fraud and the increasing misuse of bank accounts, the Reserve Bank of India (RBI) is currently conducting “Financial Literacy Week-2026” from February 9 to 13, with a renewed focus on strengthening Know Your Customer (KYC) compliance as a key safeguard for secure banking, officials said on Tuesday. The programme has been organised annually by the RBI since 2016 to promote public awareness on important financial issues t…