KYC is best understood as the doorway to formal banking channels. So improper KYC can open up banking to the risks of money laundering, fraudulent transactions and such. When customers open bank accounts, they need to submit identity documents, PAN cards to be verified by bank officials as a part of the KYC process.
Phishing attack, impersonation: EGM sees it all financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
I continue to remain CEO , says Byju Raveendran rebutting dismissal rumours yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
India Business News: Byju Raveendran, the founder of Byju's, has called the extraordinary general meeting (EGM) a farce and challenges the resolutions passed. He states that the meeting did not stick to established rules. Read more.
On Friday, a group of investors unanimously voted to oust Raveendran as the CEO of Byju s and revamp the board, which includes wife and cofounder Divya Gokulnath and brother Riju Ravindran.