The umbrella technology initiative of “Digital India” has led to the rapid deployment of tech-enabled platforms across various sectors. Healthcare, employment, commerce, labour and education are some of these areas that are being transformed with digitisation. Broadband highways, high-speed networks and Universal Access to Mobile Connectivity are some key focus areas. Digital India initiatives encompass provisions for a digital infrastructure including Digi Locker which is a cloud
BFSI
What Is Re-KYC & Why Is It Important?
What Is Re-KYC? In India, Banks and other regulated financial entities are required to periodically update the Know Your Customer (KYC) details of their customers. This periodic update is referred to as Re-KYC, short for