Relief for finance firms as RBI allows video KYC - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Relief for finance firms as RBI allows video KYC

“…with a view to leverage the digital channels for Customer Identification Process (CIP) by Regulated Entities (REs), the RBI has decided to permit Video-based Customer Identification Process (VCIP) as a consent-based alternate method of establishing the customer’s identity, for customer onboarding,” read the RBI notification.

from Industry-Economic Times
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