Latest News

Central Bank stirs up NPR row over KYC | Published: 14th January 2020 | Posted Date: Tuesday 14th January 2020 04:45 PM

Once news of this notification spread, several people began calling up bank officials who were themselves not aware of the notification.

Hyderabad: The Central Bank of India has included the National Population Register as one of the valid documents for ‘know your customer (KYC)’ authentication much before the NPR exercise nationwide, creating confusion and panic among the general public.

A notification was published by the bank in a Telugu daily in some editions of AP. Once news of this notification spread, several people began calling up bank officials who were themselves not aware of the notification

The public notice was published on January 11 by the bank’s central office, Mumbai. It requested customers who have not submitted their KYC documents so far to approach the branch concerned and submit the filled-in proforma along with a fresh photograph and proof of identification, mobile phone number, self-declaration and proof of present residence.

The list of documents it mentioned were PAN card, passport, voter identification card, driving licence, NREGA employment card, Aadhaar card and letter certified by the National Population Register. The notice warns that in case of failure to provide the KYC details, transactions will be prevented from January 31 till the submission of the the documents.Mr Ahmed Arshad Hussain, a social worker, pointed out that the cut-off date mentioned by the bank was January 31, while the NPR survey officially begins on April 1. He asked whether government authorities would issue any letter or certificate or receipt after the NPR survey.

He said the advertisement was released in selected district editions in the newspaper and excluded urban areas. He alleged that it is an effort to discreetly implement the NPR and an attempt to give the impression that the NPR letter will be treated as an important document.



Telangana wants Rs 12,000 crore for Mission Bhagiratha

Mr Harish Rao further said, “The formation of Telangana state itself was based on the need to ensure fair share in river waters.”

BJP accuses KCR, KTR of mocking democracy

Dr Laxman said that the party would continue its fight against the dictatorial, corrupt and family rule of Mr Chandrasekhar Rao.

KT Rama Rao: Raise voice against lack of funds by Centre

They said the Chief Minister had already made it clear that TRS opposes the CAA and will pass a resolution in the Assembly.

Uttam Kumar Reddy attacks KT Rama Rao over polls

TPCC chief accuses SEC of not conducting municipal elections in fair manner.

Army steals a march over GHMC, digs roads

According to GHMC sources, defence officials had sought permission to dig 56 km of roads to lay cables and paid the fee two years ago.

Olympics preparation going well, says PV Sindhu

Sindhu is currently playing for the Hyderabad Hunters in the Premier Badminton League (PBL).

Hyderabad: Get ready for an early summer

Mercury is already 3º Celsius above normal.

CCMB welcomes Supreme Court nod

The efforts hit a bigger roadblock when Iran refused to export the Asiatic cheetah to India.

Hyderabad: Students want EWS quota for engineering, pharma, MBA too

Private medical and dental colleges yet to increase seats to accommodate 10 per cent EWS students.

Tour operators ask customers to stay away from China, Hong Kong

On Tuesday, four persons from Vizag cancelled their tickets to Singapore and Scoot Airlines refused to refund their fare.

Coronavirus: Hyderabad to start testing samples

Blood samples of all five admitted sent to Pune, Passengers from SE Asia to be screened.

Central team takes stock at Fever, Gandhi hospitals

With the coronavirus spreading through droplets, the present set-up in wards is not found to be adequate to contain the spread.

comments powered by Disqus