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| 1. |
Which bank has introduced strict know your customer (KYC) norms? |
| Answer» As per the latest set of guidelines for E-Wallets, Reserve Bank of India (RBI) has introduced strict know your customer (KYC) norms which has evoked mixed response from digital wallet companies. E-Wallet firms have been instructed to ensure KYC compliance of existing users by December 31, 2017. | |