VIOLAING BANK SHOULD MERGER WITH OTHER BANK IMMEDIATELY. PL CHECK CORRECTLY AND MERGER ING VYSYA WITH NATIONALISED BANK IMMEDIATELY.

over reaction from RBI, give them a chance

yes it is common practice among banks and sometimes it is managed by third party it is not coordinated properly

though late,it is very demanding step forward by RBI.
even not these 2 banks,almost all banks not following it stricktly.if serious investigation performed, almost all banks would be in default catagory in this regards.

They are driving hard to support this campaign I belive. But to have relationship with so many banks credit cardSavings bankloaninvestment , As a customer It is difficult to submit KYC tracking to all banks. There should be something common where customer can submit the records.

all the banks are more commercial and less professional these days,they dont bother as the people working are not the same as they used to be.if ur a HNI then u get all otherwise a shabby treatment by all banks to its customers.

These KYCs are to harass the comon account holder. `Rob` erts knows very well tthat these KYC are not for them because thye know for them PM is a Banana they can do whatever they want..

It is the criminals in the govt who avoid all these formalities. For them govt is a trust to make personal wealth.

careless attitude of banks

it has been going for a long time and the banks are not bothered as KYC is mandatory,but banks dont bother their clients for this as the buisness hurts by repeated KYC followup.

yes sure it is neeed

ICICI? there is some mistake,

banks have specific policy guidelines on kyc .lapses creep in because of lack of identifying proper kyc proof by its official on occasions.

what a tricky way to ask question. Had this happened with Union bank or with UCO bank, the question would have been, "Is violation of kyc norms a common practice among PSU banks ?" M3 will not change.. Remember, Indian public is smarter then you think off..

Yes, i think it is and this action by the RBI would definitely act as a deterrent for the offenders in future.

Here problem is RBI itself, they are fining banks to show that they are doing a great job to protect people`s interest. however, many bank`s in past gone bankrupt and lacs of crores of common people duped at that time what RBI was doing?. Still in majority of Banks, loans are given against the common sense and with faulty policies, what RBI is doing in these cases.
KYC norms of the Bank`s are tighter and RBI itself has drawn the policy then how laculae is there?