New KYC rules: Mandatory masking of key identity proofs in CKYC from Jan 20 to prevent fraud

New KYC rules: Mandatory masking of key identity proofs in CKYC from Jan 20 to prevent fraud

KYC fraud: In a bid to prevent Know Your Customer (KYC) data from fraud and misuse, the launch date for masking KYC identifiers in the Central KYC Records Registry (CKYCRR) has been extended to January 20, 2025. This effort, designed to enhance data security and curb potential misuse, will conceal sensitive KYC information such as Aadhaar, … Read more