scorecardresearch
Tuesday, September 2, 2025
TopicKYC

Topic: KYC

KYC tyranny. This is how my father and many others are being harassed: Karti Chidambaram

Employment of third-party vendors to conduct KYC processes is another issue. They bombard customers with document requests, sometimes without a proper understanding of what is needed.

Tamil Nadu KYC for gaming apps is a good move. Here’s what I would change

These regulations are not intervention-based or focused on incentives. Instead, strategies such as counselling or voluntary game limits could promote long-term behaviour change.

India’s KYC process is a privacy nightmare. FATF has given legal sanctity to mass surveillance

The extent of data collected at onboarding and once again at the time of updates to KYC goes beyond just verification and could potentially be used for “profiling” the customer.

Make it easier for nominees & heirs to access money left to them, RBI-appointed panel suggests

Panel set up in May 2022 has recommended ways in which RBI's regulated entities can improve customer service, including easing KYC norms & removing limits on UPI transactions.

Online Gaming KYC will not be Stricter than RBI Master Directions

The draft amendments envision an obligation for online gaming intermediaries to verify identity of all customers when they register new account for playing games.

How Sitharaman can live up to her Budget promise of KYC simplification

Our response to KYC problems has been to bring technology to streamline processes. The problem is that they often don’t work as well as one would have hoped.

KYC process to be simplified, announces Finance Minister in Union Budget 2023

According to Nirmala Sitharaman, the procedure will adopt a ‘risk-based’ approach rather than the ‘one size fits all’ currently in practice.

On Camera

Road building is a money-making racket in India. And we have a very short memory

We get very angry when rain disrupts our lives and brings our cities to a halt, but by the time the elections come around, we have forgotten how angry we were.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.