Relief for Paytm, Amazon Pay, other mobile wallets! RBI extends deadline for completion of KYC by 6 months
PPIs or mobile wallets were mandated by the banking regulator in October 2017 to capture all information required under the know-your-customer (KYC) guidelines by end February.
New Delhi Last Updated: February 25, 2019 | 22:29 IST
The Reserve Bank of India Monday extended deadline for completion of Know Your Customer (KYC) norms for prepaid payment instrument issuers by six months.