RBI allows use of Video KYC to verify Customers
RBI recently released a new circular with respect to the use of Offline Aadhaar and Video-based KYC to verify the identity of the customer. AS per the new amendment regulated entities are now allowed to used Video-based KYC or Offline Aadhaar along with a recorded proof and location of the customer to complete KYC.
Please find the circular below,
Watch this space for a detailed analysis of the same.