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Secretary, Department of Financial Services chairs meeting on revamping of Central KYC Records and KYC related issues
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....ecretary, Department of Financial Services chairs meeting on revamping of Central KYC Records and KYC related issues<BR>News and Press Release<BR>Dated:- 2-4-2025<BR><BR>Shri. M. Nagaraju, Secretary, ....
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....Department of Financial Services (DFS) chaired a meeting today at Manthan, DFS to discuss the revamp of the Central KYC Records Registry (CKYCR) and key issues related to Know Your Customer (KYC) comp....
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....liance with the objective of making life of citizen comfortable while availing Financial Services. The meeting included senior officials from concerned Ministries/Departments, financial sector regulat....
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....ors, financial institutions, and other stakeholders. In the meeting, Shri. Nagaraju emphasized the need for the modernization of the Central KYC Records Registry (CKYCR) and streamlining of KYC proce....
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....ss. Key issues & challenges concerning individuals and regulated entities, measures so far taken by the Government and Financial Sector Regulators and proposed measures for further enhancing efficienc....
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....y, reducing redundancy and improving security relating to KYC process across financial sectors were discussed at length. During the discussion, many suggestions were received from stakeholders which ....
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....will be considered for further easing of the KYC process.<BR> News - Press release - PIB....