RBI, banks in talks to strengthen KYC identification format - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI, banks in talks to strengthen KYC identification format

At present, any one of the six documents-passport, Aadhaar, voter's identity card, NREGA card, PAN card or driving licence-is required towards proof of identity and proof of address to open a bank account. It becomes difficult to trace multiple accounts of an individual if they are not linked and are opened with different KYC documents.

from Industry-Economic Times
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