The regulator introduced wide-ranging amendments to AML and KYC norms, covering customer risk confidentiality, STR handling, and onboarding safeguards. The key takeaway is tighter compliance standards ...

KYC Update: You must have visited the bank. At the time of opening an account, you are asked for your identity (KYC). Meaning ID and address proof. Meaning documents like PAN Card, and Aadhaar Card.

The film "Catch Me if you Can" is an example of how easily one person with the ability to forge checks and fake his identity can steal more than a million dollars from banks in the United States. No ...