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Wednesday, August 27, 2014

RBI’s Recent simplified KYC Measures for Opening Bank account

Dear Sir,

The Reserve Bank of India today released a note along with a poster and a booklet comprising a few common questions relating to Know Your Customer (KYC) norms for opening bank accounts. The objective of this is to bring awareness among the general public about the KYC simplification measures taken by the Reserve Bank in the recent times with a view to helping the common man in opening bank accounts


In my view as RBI has simplified the process we can open Bank account  easily

Pls find enclose is the RBI Circular for the respective Process