KYC fraud: RBI has new list of dos and don'ts while getting your banking KYC done
Reserve Bank of India has issued some new guidelines to spread awareness on KYC frauds. KYC frauds claim one of the largest number of victims across the country, with people losing lakhs. All mobile operators including Airtel, Vodafone-Idea and Reliance Jio too have warned users against KYC fraud. RBI recently issued new dos and don’ts on banking KYC fraud.
Source: indiatimes.com