RBI further simplifies KYC Norms for Bank Accounts
The Reserve Bank of India vides its Notification No RBI/2013-14/634 DBOD.AML.BC. No. 119/14.01.001/2013-14 dtd 9th June 2014 has further simplified the KYC norms for opening/maintenance of bank accounts. As per this circular, the simplified requirement is as follows :- 1) Any one Address Proof (either Permenant or Present) is required to be submitted. When there is a […]
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