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Reserve Bank of India fines Airtel Payments over KYC violation

The Reserve Bank of India (RBI) has reportedly fined Airtel Payments Bank for violating Know Your Customer (KYC) regulations.

Reserve Bank of India toughens KYC for payments banks

The Reserve Bank of India (RBI) has issued a letter to India’s payments banks, tightening the regulations around KYC, while on-boarding customers.

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