Banking & Insurance Law Legal Articles KYC NORMS : AN Overview March 21, 2016 / March 21, 2016 by Bhavya Botta | Leave a Comment INTRODUCTION Way back to the second half of 2002, it is then RBI directed all the banks to implement the KYC guidelines for all the new accounts that will be further getting into operation. The main purpose of KYC norms was to restrict money laundering and terrorist financing when it was introduced in the late […] Read more ยป 1949 BREACH OF KYC NORMS : KYC guidelines KYC norms risks involved in KYC Section 35A of the Banking Regulation Act
