Keeping your bank details up to date is more important than many of us realize. If your KYC (Know Your Customer) information with HDFC Bank is outdated, you might face issues with transactions, ...

RBI imposed a monetary penalty of ₹75 lakh on HDFC Bank over non-compliance with KYC norms. The RBI had also conducted a statutory ‘Inspection for Supervisory Evaluation’ of the bank, based on its ...

Upon reviewing HDFC Bank’s response and additional submissions, RBI identified two critical areas of non-compliance: Risk categorisation failure: The bank failed to categorise certain customers into ...

The Reserve Bank of India has imposed a monetary penalty of Rs 75 lakh on HDFC Bank for non-compliance with certain directions of the regulator’s Know Your Customer (KYC) guidelines, RBI said on March ...

MUMBAI (Reuters) - The Reserve Bank of India on Monday said it had imposed penalties on Axis Bank, HDFC Bank and ICICI Bank for violating guidelines related to details of customer identity known as ...

Mutual Funds: Before investing in a mutual fund, it is essential to keep your KYC up to date. Before updating your KYC, it is important to first check its status. You can check it on the website of ...

The Reserve Bank of India (RBI) has found HDFC Bank did not comply with certain directions mentioned in the RBI’s Know Your Customer (KYC) master direction and hence imposed a monetary penalty of Rs ...