The recent amendments to KYC Directions by the RBI are expected to impact the KYC process for digital lenders by facilitating the use of technology for customer due diligence as the changes recognize lenders not having physical interaction with borrowers and allowing reliance on documents stored in Digilocker or other e-documents for onboarding and KYC. A YouTube live session by Vinod Kothari and Anita Baid will discuss and answer questions about the implications of these changes on regulated entities.
The recent amendments to KYC Directions by the RBI are expected to impact the KYC process for digital lenders by facilitating the use of technology for customer due diligence as the changes recognize lenders not having physical interaction with borrowers and allowing reliance on documents stored in Digilocker or other e-documents for onboarding and KYC. A YouTube live session by Vinod Kothari and Anita Baid will discuss and answer questions about the implications of these changes on regulated entities.
The recent amendments to KYC Directions by the RBI are expected to impact the KYC process for digital lenders by facilitating the use of technology for customer due diligence as the changes recognize lenders not having physical interaction with borrowers and allowing reliance on documents stored in Digilocker or other e-documents for onboarding and KYC. A YouTube live session by Vinod Kothari and Anita Baid will discuss and answer questions about the implications of these changes on regulated entities.
NON-FACE-TO-FACE KYC Anita Baid in conversation with Vinod Kothari - 04:00 P.M. | 8th May | Live on
The recent amendments in the KYC Directions are Speakers
expected to have an impact on the KYC process, specifically for digital lenders. The changes are a result of the growth in faceless lending and aim to facilitate the use of technology for customer due diligence. The RBI has recognized lenders not having any physical Vinod Kothari Anita Baid interface with borrowers and relying on documents Director, VKCPL Vice President, VKCPL stored in Digilocker or other e-documents for the purpose of onboarding and KYC. However, the implications of these changes should be Click here to access our resources on KYC understood and implemented accordingly by the regulated entities. We intend to discuss and answer several questions about this through a YouTube live session.