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KYC

KYC

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Published by Daneshwer Verma

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Published by: Daneshwer Verma on Mar 06, 2014
Copyright:Attribution Non-commercial

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03/06/2014

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SOUND MIND LEADS TO SAFE BANKING
 
 KNOW YOUR CUSTOMER
 
What is KYC?
“KYC (Know Your Customer) is a framework
for banks which enables them to know / understand the customers and their financial
dealings to be able to serve them better.”
 
 All banks have been advised by The Reserve Bank of India (RBI) to
follow certain „KYC Guidelines‟

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