Kerala HC: Online Publication of Interim Orders is Not Valid Service for Contempt Proceedings  ||  MP High Court: Criminal Record Alone Doesn't Attract Organised Crime Charge under BNS  ||  Allahabad HC: Insurance Company Cannot Challenge Welfare Scheme Compensation Through Writ  ||  Supreme Court Proposes Denying Fuel to Vehicles Without Valid Insurance  ||  Supreme Court: Media Can Report Court Proceedings Without Sharing Audio or Video Clips  ||  Supreme Court: Acquits Murder Convict Jailed for 22 Years, Points to Criminal Justice System Failure  ||  Supreme Court Directs Centre to Issue Environmental Compensation Norms under SWM Rules 2026  ||  Supreme Court: Employee Who Accepts Resignation Benefits Cannot Later Challenge its Acceptance  ||  Supreme Court: Breach of Contract is Not Cheating Unless Fraud Existed From the Outset  ||  Supreme Court: Specific Performance of an Agreement to Sell May be Denied After a Long Delay    

RBI Allows Use of OTP for Account Opening - (09 Dec 2016)

To quicken the process of opening of bank account, Reserve Bank of India (RBI) has amended its know your customer (KYC) rules to allow banks to open new accounts using one time pins (OTPs) on mobile phones.

Tags : RBI   RESERVE BANK OF INDIA  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved