SBI looking to ease KYC burden: Chairman C S Setty

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SBI is collaborating with regulators to simplify its Know Your Customer (KYC) processes, aiming to enhance customer convenience and reduce compliance burdens. This initiative addresses customer complaints about frequent re-KYC requirements, particularly with public sector banks. The bank is also leveraging digital and physical touchpoints to ensure accessible financial services across India.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/DFx9h04

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