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Wednesday, October 8, 2025

SBI looking to ease KYC burden: Chairman C S Setty

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/DSNosvC

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