India’s blue-collar job market witnessed the strongest growth in the first half of 2022, with the falling number of Covid infections, lifting of restrictions and a pickup in economic activity. Due to the higher demand for manpower, February 2022 clocked more than 1 million active blue-collar jobs, which includes 800,000 new jobs as per an ET survey.
The numbers speak volumes about why businesses today want to thoroughly verify different aspects of a person’s past faster and safeguard against reputational risks.
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
Abhinandan January 8, 2026
