KYC AND AML POLICY

The Reserve Bank of India has been issuing guidelines in regard to Know Your Customer (KYC)standards to be followed by banks and NBFCs and measures to be taken in regard to Anti Money Laundering (AML)/ Combating Financing of Terrorism (CFT). NBFCs are required to put in place a comprehensive policy framework, duly approved by the Board of Directors or competent authority authorized by Board of Directors, in this regard, this policy document has been prepared in line with the RBI guidelines. Read More