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<ul><li>The RBI allowed banks to integrate <keyword id="7392422" type="UNKNOWN" weightage="20" keywordseo="Video-KYC">video KYC</keyword> in the account opening process in January 2020.</li><li>Kotak Mahindra Bank has now introduced video KYC for customers opening new Kotak 811 savings accounts.</li><li>Other major banks are working on video KYC and are expected to launch the facility soon.</li></ul>In January 2020, India’s central bank the Reserve Bank of India amended the Know Your Customer (KYC) norms, allowing banks to use video calling to complete the KYC process for new customers. Now, amid the coronavirus pandemic, Kotak Mahindra Bank has announced that customers can open a full-fledged Kotak 811 savings account, becoming the first bank in the country to introduce video KYC in the account opening process. This will allow customers to open a bank account and finish the KYC process from the safety of their home. As per <a href="https://www.moneycontrol.com/news/business/online-kyc-is-here-no-need-to-visit-a-branch-to-open-a-bank-account-5287881.html">reports</a>, other major banks are also working on launching their video KYC platforms. Shanti Ekambaram, Group President – Consumer Banking, Kotak Mahindra Bank, said, “In the new normal world that we must now adapt to in the aftermath of COVID-19, Kotak’s emphasis on digital-first initiatives takes on even more meaning. In this context, Video KYC can prove to be a game changer where customer verification is completed from the comfort of one’s home or office without the need for a physical interaction.” How to open Kotak 811 savings account with video KYC Here’s what you need to open a Kotak 811 savings account <ul><li>Aadhaar number</li><li>PAN card</li><li>A paper and pen to upload your signature</li><li>A proper background with good lighting</li><li>Clear view of the customer’s face</li></ul>Once you have all the required things, follow the below steps - <div type="image" title="Kotak 811 savings account" msid="75990982" hostid="261" caption="&amp;lt;p&amp;gt;Kotak 811 video KYC application&amp;lt;/p&amp;gt;"></div> <ul><li>To begin, go to Kotak Mahindra Bank’s <a>website</a>.</li><li>Now, click on ‘Apply Now’.</li><li>Enter your name, mobile number and email ID.</li><li>Provide the bank consent to use Aadhar to open your account.</li><li>Now, enter your Aadhaar number, PAN and communication address.</li><li>Now, allow access to your phone’s location to begin the video KYC.</li><li>The bank executive will begin the video KYC.</li><li>Once your video KYC is completed, a Kotak 811 savings account will be opened.</li></ul>Note: Video KYC on Kotak is available from 10 am to 6 pm, Monday to Saturday. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/here-is-a-list-of-bank-atms-that-allow-you-to-recharge-your-jio-airtel-and-vodafone-numbers/articleshow/75006459.cms">Here is a list of bank ATMs that allow you to recharge your Jio, Airtel, and Vodafone numbers</a> <a href="https://www.businessinsider.in/personal-finance/news/how-to-apply-for-emergency-loan-from-sbi/articleshow/75441666.cms">How to apply for emergency loan from SBI</a> <a href="https://www.businessinsider.in/tech/apps/how-to/how-to-schedule-whatsapp-messages/articleshow/75839535.cms">How to schedule WhatsApp messages</a>

How to open a bank savings account using video KYC

<keyword id="6986952" type="COMPANY" weightage="20" keywordseo="IDFC-First-Bank">IDFC First Bank</keyword> has launched <keyword id="9304001" type="UNKNOWN" weightage="20" keywordseo="video-kyc-facility">video KYC facility</keyword> so that customers can open savings accounts without the need to visit a branch office. The zero-contact method completely does away with paper work or biometric verification, thereby removing physical interaction between the bank and customer from the know your customer (<keyword id="167905" type="COMPANY" weightage="20" keywordseo="KYC">KYC</keyword>) process, <keyword id="6361420" type="DOMAIN" weightage="20" keywordseo="IDFC">IDFC</keyword> First Bank said in a release. <div type="Article" hostid="261" msid="75990965" title="How to open a bank savings account using video KYC" mstype="2" mssubtype="0"></div> Customers can start earning 7 per cent interest and maximise their returns on funds held or invested anywhere else, it added. "Video KYC makes the online journey for opening savings accounts simple and fast as customers do not have to venture outside their homes or meet anyone from the bank to complete the process," said Amit Kumar, Head – Retail Liabilities, IDFC First Bank. This is especially relevant in the current times given loss of incomes and low returns offered by most other options, Kumar said. The RBI-sanctioned video-based KYC process for opening of online <keyword id="114757" type="PERSON" weightage="20" keywordseo="Savings-Account">savings account</keyword> allows customers to open a full-fledged savings account with no limit on maximum account balance. The pandemic has altered the way customers want to interact with their banks as they increasingly rely on digital and mobile channels to transact, the lender said. SEE ALSO: <a href="https://www.businessinsider.in/finance/news/sbi-axis-bank-and-kotak-mahindra-bank-and-other-banking-stocks-are-raising-capital-to-fill-npa-hole/articleshow/76054599.cms" data-type="tilCustomLink">Indian lenders like SBI, Axis Bank and others need $20 billion⁠ in capital— most of it will go into filling up NPA holes</a>

After Kotak Mahindra Bank, IDFC First Bank launches video KYC facility for customers to open savings accounts

Mumbai, May 18 () In a first, private sector lender Kotak Mahindra Bank on Monday launched a video-based KYC that will make it easier to open an account remotely, especially during the COVID-19 pandemic. The Reserve Bank of India (RBI) earlier this year came out with detailed guidelines making video-based Know Your Customer (KYC) possible, after the banking system, which used to depend on Aadhaar data for remote account opening, got hit by the Aadhaar judgment of the Supreme Court. Customers will need to share Aadhaar and PAN numbers as part of the account opening process under the video KYC system to open the 'Kotak 811 savings account', an official statement said adding that the facility will be used only for the savings accounts on a pilot basis. Once a customer requests to open an account on the website, a bank executive will come on the video call with the customer and will involve the customer signing on a blank paper, it said adding that the entire video will be saved by the bank. In the earlier system, a customer's Aadhaar made it much easier to 'establish' her identity and helped the KYC requirements. Its Group President (Consumer Banking) Shanti Ekambaram said that in the new normal after COVID-19, video KYC can prove to be a game changer where customer verification is completed from the comfort of one's home or office without the need for a physical interaction. Only Indian citizens residing in India during the account opening process are eligible for video KYC, it said adding that the facility is available only for new to Kotak customers. AA HRS

Kotak Mahindra Bank launches video-based KYC for opening of accounts remotely

Chennai, Jul 3 (): Equitas Small Finance Bank on Friday launched a new initiative allowing people to open savings accounts through video conference facility by revamping its mobile bank application. The web application is designed to conduct a remote verification process through a video call triggering the domain of a 'relationship executive' of the bank, a press release said. Customers can submit their details on the video call for the bank to take up verification. With the initiative, a customer can open a savings account with the bank by submitting the full KYC through video. "Today, Equitas Small Finance Bank is bringing in a new digital banking experience to its customers, the new video KYC account is a step forward towards our vision", Equitas SFB President Murali Vaidyanathan said. He said the initiative would ensure contact less, no branch visit and hassle free account opening for customers. VIJ BN WELCOME WELCOME

Equitas Small Finance Bank enhances digital banking facility

The recent PayTM saga exposed how <keyword id="19912054" type="General" weightage="20" keywordseo="financial-institutions" source="keywords">financial institutions</keyword> are finding it increasingly difficult to maintain sufficient security measures to ensure user authenticity and identity. Now, many fintech platforms are turning to artificial intelligence (AI) to address these challenges. A leading voice in this conversation is <keyword id="23488603" type="General" weightage="20" keywordseo="Rahul-Ayyappan" source="keywords">Rahul Ayyappan</keyword>, the Co-Founder and Chief Technology Officer (CTO) of <keyword id="23488605" type="General" weightage="20" keywordseo="Finacus-Solutions" source="keywords">Finacus Solutions</keyword> Pvt. Ltd. With over a decade of experience in shaping digital solutions for over 200 banks and financial institutions, Rahul sheds light on how AI can play a transformative role in addressing the issue of deepfakes and even strengthening eKYC (electronic Know Your Customer) systems. <h2><keyword id="20095213" type="General" weightage="20" keywordseo="facial-recognition" source="keywords">Facial recognition</keyword> technology </h2>AI algorithms can analyse facial features in-depth, detecting subtle inconsistencies that are often overlooked by human eyes. By examining dermal texture, facial feature depth, and lighting uniformity, AI can identify discrepancies indicative of deepfakes. Furthermore, AI can analyse the temporal consistency of facial movements in videos, identifying irregularities that may signal tampering. <h2>Behavioural analysis </h2>AI's ability to analyse micro-expressions, those brief, involuntary facial expressions that reveal genuine emotions, is crucial in detecting deepfakes. These expressions are difficult to replicate in fabricated media, making them a reliable indicator of authenticity. Additionally, AI can evaluate gait and gesture analysis, identifying inconsistencies that may suggest deepfake manipulations. <h2>Consistency checks </h2>AI can cross-reference data from various sources, such as document scans and live video KYC sessions, to identify inconsistencies in age, gender, or other demographic information. Geospatial validation can also be used to verify if the location of the eKYC session aligns with the user's stated address. <h2><keyword id="19897671" type="General" weightage="20" keywordseo="machine-learning" source="keywords">Machine learning</keyword> models </h2>AI models can be trained on vast datasets of real and fake images and videos to learn to identify patterns and anomalies associated with deepfakes. These models can continuously adapt and improve their accuracy as new deepfake techniques emerge. <h2>Integration with ancillary technologies </h2>Combining AI with other technologies, such as blockchain and thermal imaging, can further enhance <keyword id="22209857" type="General" weightage="100" keywordseo="deepfake-detection" source="keywords">deepfake detection</keyword> capabilities. Blockchain provides an immutable ledger of verified data, while thermal imaging can detect heat patterns on the face that are difficult to replicate in synthetic media. By leveraging these advanced AI techniques, <keyword id="23488602" type="General" weightage="20" keywordseo="eKYC-systems" source="keywords">eKYC systems</keyword> can significantly improve their ability to detect deepfakes and protect against identity theft and other fraudulent activities. As deepfake technology continues to evolve, AI will play a crucial role in ensuring the integrity and security of digital <keyword id="20470058" type="General" weightage="20" keywordseo="identity-verification" source="keywords">identity verification</keyword> processes. <div type="Article" hostid="261" msid="99803720" title="Aadhaar authentication rose to 2.31 billion in March 2023: IT Ministry data" mstype="2" mssubtype="0"></div>

Fintech expert shares 5 ways AI can help detect deepfakes in eKYC systems

New Delhi, Jun 15 () <keyword id="6534999" type="UNKNOWN" weightage="20" keywordseo="sbi-card">SBI Card</keyword> on Monday announced the launch of Video Know Your Customer (VKYC) feature to ensure zero contact, hassle-free customer onboarding process. This launch is in line with <keyword id="13222" type="CITY" weightage="20" keywordseo="SBI">SBI</keyword> Card's endeavour to establish an end-to-end paperless, digital sourcing and onboarding process, India's largest pure-play credit card issuer said in a release. "VKYC launch will not only have a substantial impact on fraud reduction, but it will also reduce cost of the KYC process by nearly half," it said. With social distancing being the new normal, VKYC enables a customer to undergo a completely presence-less journey, without the need to physically interact with anyone. As per the release, VKYC process uses techniques such as facial recognition, dynamic verification code, live photo capture facial recognition, and geotagging among others, as mandated by RBI guidelines, making it more safe and secure than physical KYC process. "We are a technology driven company and have made strategic investments to create state-of-the art infrastructure, both at the back end and front end, to improve our user experience. Technology has been meticulously deployed to digitise the customer journey at every step and make the entire process seamless," said Hardayal Prasad, MD and CEO, SBI Card said. He further said that in a scenario, where social distancing has become the norm, this feature holds immense relevance for the customers. "We expect it to gain significant traction." SBI Card has launched VKYC following recent RBI guidelines permitting Video based Customer Identification Process (V-CIP) as a method of establishing customer identity together with e-sign process.

SBI Card launches VKYC feature to ensure zero contact with customer

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">OnfidoOnfido's cofounders, from left, Husayn Kassai, Ruhul Amin, and Eamon Jubbawy.</div></div></div>London startup Onfido has raised new funding to help it scale its background checking technology.The undisclosed funding - believed to be a seven figure sum - comes from Salesforce Ventures, Talis Capital, and a number of angel investors.Founded in 2012, Onfido helps businesses like The Daily Mail and sharing economy startups like BlaBlaCar to verify that potential employees and customers are who they say they are.The startup, which is aiming to attract more retail banks to its customer base, said the fresh injection of capital will be used specifically to expand its Know Your Customer (KYC) and Anti-Money Laundering (AML) products."Fintech innovation is disrupting and reshaping how financial companies operate," said Husayn Kassai, CEO and cofounder at Onfido, in a statement. "But traditional ID verification technology is not keeping up. On average, between 30-50%&amp; of people going through in-person ID verification do not complete the manual onboarding process."Onfido automates KYC/AML to eliminate inefficiencies and improve the experience on both sides of the transaction."Prior to the latest round of funding, Onfido had already raised $30.3 million (£23.5 million).<div id="categorypromo"></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/no-mans-sky-the-most-anticipated-game-of-the-year-2016-8">The most anticipated game of the year was designed by Brits and it will take you 584 billion years to finish</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="1oNGI5NTE64-mYtVb0-tXbBX8LbpU25o" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

These 3 Oxford grads just got over &#163;1 million from VCs

<ul><li>Exchange your Rs. 2000 notes with <keyword id="4009819" type="General" weightage="80" keywordseo="amazon-pay" source="Orion">Amazon Pay</keyword> during your next COD order.</li><li>You can exchange up to Rs. 50,000 worth of Rs. 2000 notes per month with <keyword id="18635" type="General" weightage="100" keywordseo="amazon" source="Orion">Amazon</keyword> Pay.</li><li>Here’s how you can do it.</li></ul>Exchanging the soon to be defunct Rs 2,000 notes one processes can be a hassle amidst one’s daily packed hustle and bustle. Now, Amazon has made an announcement regarding this to help with the process. The decision follows the <keyword id="6354335" type="General" weightage="50" keywordseo="reserve-bank-of-india" source="Orion">Reserve Bank of India</keyword>'s decision on May 19 to withdraw all Rs. 2,000 currency notes from circulation as part of its Clean Note Policy. The central bank of India has provided a window until September 30 for individuals to deposit or exchange their existing notes. Given the challenges faced by many individuals in exchanging or depositing their notes at banks, Amazon has introduced an initiative to facilitate the process for its customers. According to Amazon's official statement, customers will now have the option to use their Rs. 2,000 notes for topping up their Amazon Pay balances during cash-on-delivery orders. Any remaining change will be loaded into their Amazon Pay wallet. To ensure a smooth process, Amazon has set a maximum limit of Rs. 50,000 per month that customers can deposit, which includes notes of the Rs. 2,000 denomination. This initiative aims to provide convenience and flexibility to customers who are seeking to convert their Rs. 2,000 notes into a digital form. Here’s how to exchange Rs. 2,000 note using the Amazon Pay wallet. <ul><li>Customers are required to initiate the video KYC process on the Amazon app.</li><li>After successfully completing the KYC, customers can proceed to place a cash on delivery order.</li><li>During the delivery, customers can provide the cash payment to the delivery agent.</li><li>The delivery agent will promptly update the customer's Amazon Pay balance with the remaining amount.</li></ul>The updated balance in the Amazon Pay wallet can be utilized for various purposes such as online shopping, QR code payments, recharging services, sending money to friends and family, as well as making digital payments on applications like Swiggy and Zomato. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/if-you-are-a-google-one-subscriber-you-can-now-access-portrait-blur-colour-pop-and-more-advanced-editing-tools-on-photos-web/articleshow/101009287.cms">If you are a Google One subscriber, you can now access Portrait Blur, Colour Pop and more advanced editing tools on Photos web</a> <a href="https://www.businessinsider.in/tech/news/google-bard-cool-things-you-can-do-with-the-ai-chatbot/articleshow/101012445.cms">Google Bard: Cool things you can do with the AI chatbot</a>

You need not visit a bank to exchange your Rs 2,000 notes – Here’s how Amazon can help you

Capital markets regulator <keyword id="19901201" type="General" weightage="100" keywordseo="Sebi" source="keywords" meta.keywordsubtype="org" meta.entityname="Sebi" meta.hostid="261" meta.entityid="Sebi">Sebi</keyword> on Monday launched <keyword id="19925751" type="General" weightage="20" keywordseo="mobile-app" source="keywords">mobile app</keyword> '<keyword id="21922624" type="General" weightage="20" keywordseo="Saathi" source="keywords">Saa₹thi</keyword> 2.0' on <keyword id="20127396" type="General" weightage="20" keywordseo="personal-finance" source="keywords">personal finance</keyword> for <keyword id="19900618" type="General" weightage="20" keywordseo="investors" source="keywords">investors</keyword> with comprehensive tools aimed at simplifying complex <keyword id="21922626" type="General" weightage="20" keywordseo="financial-concepts" source="keywords">financial concepts</keyword>. "The updated 'Saa₹thi' app introduces a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts," Sebi said in a statement. The app includes <keyword id="21922625" type="General" weightage="20" keywordseo="financial-calculators" source="keywords">financial calculators</keyword> and has modules that introduce and explain KYC procedures, <keyword id="19929240" type="General" weightage="20" keywordseo="mutual-funds" source="keywords">mutual funds</keyword>, <keyword id="20003842" type="General" weightage="20" keywordseo="ETFs" source="keywords">ETFs</keyword>, buying and selling shares on <keyword id="19905454" type="General" weightage="20" keywordseo="stock-exchanges" source="keywords">stock exchanges</keyword>, investor grievances redressal mechanism, and the Online Dispute Resolution (ODR) platform. Additionally, the app features a range of videos designed to assist investors in their personal finance planning. "In today's era, where social media sometimes provides biased or misleading information, there is a significant need for an unbiased, objective, and trusted source of investment information," Ananth Narayan G, Whole Time Member, said during the launch. "The Saa₹thi app serves this purpose by empowering investors with reliable and essential insights into the securities market. This tool can be especially useful for young investors who are at the beginning of their financial journey. "The content within the app is dynamic, allowing us to keep pace with the rapidly evolving market conditions. We actively seek public suggestions to further refine and enhance the Saa₹thi app, ensuring it continues to serve our investors," he said. The 'Saa₹thi' app is available for download on Google Play Store and the iOS AppStore.

Sebi launches Saa₹thi 2.0 mobile app on personal finance for investors

Swedish music streaming service <keyword id="685487" type="LOCATION" weightage="20" keywordseo="Spotify">Spotify</keyword> on Wednesday announced a slate of new podcasts from <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword>, including four new Spotify <keyword id="2119317" type="PERSON" weightage="20" keywordseo="Originals">Originals</keyword> and one exclusive podcast partnership. The Originals include <keyword id="11059435" type="UNKNOWN" weightage="20" keywordseo="tamil-talk-show">Tamil talk show</keyword> "The RJ Balaji Podcast", <keyword id="6357660" type="PERSON" weightage="20" keywordseo="hindi">Hindi</keyword> comedy podcast "Andar Ki Baat by Amit Tandon", psychological horror show "Darr Ka Raaz with Dr. Phobia" and true crime series "Crime Kahaniyan". The company has also signed an exclusive deal for multiple children's podcasts produced by gaathastory. "Over the last year, we've seen an increased shift toward audio across demographics in India. In a video-saturated world, podcasts are a medium that nurture imagination, and can accompany <keyword id="674406" type="PERSON" weightage="20" keywordseo="Listeners">listeners</keyword> no matter where they are, or what they are doing," <keyword id="1901642" type="PERSON" weightage="20" keywordseo="Amarjit-SIngh-Batra">Amarjit Singh Batra</keyword>, Managing Director - India, Spotify, said in a statement. "We are continuing our effort to bring relevant, relatable local content with a focus on storytelling, crime, and talk shows with talented creators and hosts," Batra added. This diverse content acquisition aligns with the brand's strategy to cater to as many listeners in India as possible through relevant, relatable and exciting audio content, the company said. Globally, Spotify has more than 2.2 million podcasts on the platform. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/for-the-third-consecutive-day-a-new-unicorn-is-born-from-india-as-pharmeasy-joins-the-billion-dollar-club/articleshow/81943929.cms">For the third consecutive day, a new unicorn is born from India as PharmEasy joins the billion dollar club</a> <a href="https://www.businessinsider.in/stock-market/news/barbeque-nation-ipo-shares-list-at-2-discount/articleshow/81944700.cms">Barbeque Nation bears the brunt of an uncertain future – shares list at 2% discount</a> <a href="https://www.businessinsider.in/policy/news/rbi-has-increased-mobile-wallets-limit-with-2-lakh-and-need-full-kyc-also-for-mobile-wallets/articleshow/81946037.cms">You need to do full KYC for mobile wallets too – but you can store twice the amount of money</a>

Spotify announces new podcasts for Indian listeners including four new Originals and one exclusive podcast partnership

<ul class="summary-list"><li>The CEO of Binance is giving away a custom Tesla and $50,000 worth of <keyword id="11955065" type="UNKNOWN" weightage="60" keywordseo="dogecoin" source="Orion">dogecoin</keyword> in a contest announced on Twitter.</li><li>"Our favorite answer from each 'team' will win," he said Monday, accompanied by a 13-second video.</li><li>The promo period will run between November 29 to December 13.</li></ul>Changpeng Zhao, the CEO of Binance, is giving away a custom <a href="https://markets.businessinsider.com/stocks/tsla-stock">Tesla</a> and $50,000 worth of dogecoin in a contest announced on Twitter Monday.To enter, users must do four things:<ol><li>Retweet his <a href="https://twitter.com/cz_binance/status/1465309845012287490?s=20">post</a></li><li>Follow <a href="https://twitter.com/cz_binance">him</a>, <a href="https://twitter.com/binance">his firm</a>, and <a href="https://twitter.com/elonmusk">Elon Musk</a> on Twitter</li><li>Have a verified Binance account that cleared "know your customer" (KYC) standards designed to protect against illegal activities</li><li>Choose which prize and say why </li></ol>Binance will pick one winner from each team, referring to dogecoin or Tesla. "Our favorite answer from each 'team' will win," Zhao said in a <a href="https://twitter.com/cz_binance/status/1465309845012287490?s=20">tweet</a> Monday, accompanied by a 13-second video.Soon after, dogecoin founder Billy Markus <a href="https://twitter.com/BillyM2k/status/1465318445575143429?s=20">commented</a>: "Important."The <a href="https://www.binance.com/en/support/announcement/6b2f5843acab4ef7855a364fa54936b4">promo period</a> will run between November 29, 12 pm UTC, to December 13, 11:59 UTC. The vehicle to be awarded is a Tesla Model 3, which costs around $45,000. The winner may also elect to receive $50,000 worth of Binance coin (BNB) instead of the electric car, according to the fine print.Thus far, tweets from contestants ranged from how <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> <a href="https://twitter.com/Avax_Nardboy/status/1465337221674766337?s=20">changed their lives</a> to how the prize will <a href="https://twitter.com/Mustafa83675877/status/1465338701051957254?s=20">fund their college education</a>. Another said they would use the sum to help <a href="https://twitter.com/malesanboi/status/1465335860077862916?s=20">people in need</a>.The contest comes days after Zhao, more commonly known as CZ, had a <a href="https://www.businessinsider.com/elon-musk-binance-argue-twitter-dogecoin-glitch-tesla-recall-crypto-2021-11">public spat</a> with Musk, Tesla's CEO.Musk, who has previously called dogecoin his <a href="https://markets.businessinsider.com/news/currencies/shiba-inu-dogecoin-price-elon-musk-tweet-top-meme-token-2021-10">favorite crypto</a>, <a href="https://twitter.com/elonmusk/status/1463085111600205825?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1463085111600205825%7Ctwgr%5E%7Ctwcon%5Es1_c10&amp;ref_url=https%3A%2F%2Fwww.businessinsider.com%2Felon-musk-binance-argue-twitter-dogecoin-glitch-tesla-recall-crypto-2021-11">tweeted</a> at CZ on November 23, saying: "What's going on with your <keyword id="11955066" type="UNKNOWN" weightage="60" keywordseo="doge" source="Orion">Doge</keyword> customers? Sounds shady."The Tesla billionaire was referring to Binance suspending its <a href="https://markets.businessinsider.com/news/currencies/binance-dogecoin-crypto-exchange-withdrawals-suspend-glitch-network-update-2021-11?utm_medium=ingest&amp;utm_source=markets">dogecoin withdrawals</a> since November 11 due to a glitch after a network update. CZ responded by pointing to an article on Tesla's recall of nearly 12,000 US vehicles because of a software glitch. The Binance founder later admitted to overreacting with his comment.The crypto exchange on Monday announced users can now <a href="https://markets.businessinsider.com/news/currencies/binance-dogecoin-withdrawals-technical-glitch-elon-musk-changpeng-zhao-crypto-2021-11">resume withdrawing</a> the 10th largest crypto by market capitalization. Dogecoin, a meme coin that began as a joke in 2013 has gained around 6,000% in the past year and has been heavily promoted by prominent figures, including Mark Cuban.

The CEO of Binance is giving away a custom Tesla and $50,000 worth of dogecoin in a contest on Twitter

<ul><li>YES Bank is looking to hire after its workforce shrank by 1,000 employees since March. </li><li>The private sector bank is mostly looking to hire for digital, marketing and credit underwriting. </li><li>In an exclusive interview with Business Insider, <keyword id="2643328" type="ORGANIZATION" weightage="20" keywordseo="Yes-Bank-CEO">YES Bank CEO</keyword> and MD Prashant Kumar shares what the bank is looking for in its hunt for new talent.</li></ul>The number of total employees at YES Bank has come down by almost 1,000 since March, but that is at par with the private sector entity’s natural rate of attrition seen every year. The good news is that it's on the hunt for new talent with an impetus on digitalisation, marketing and credit underwriting. “Wherever there is a shortage, we are hiring,” said YES Bank’s CEO and Managing Director Prashant Kumar in an exclusive interaction with Business Insider on a #HangoutwithBI Twitter live. The dip in the bank’s workforce was not because of layoffs, but because people had quit voluntarily. “Some of them had put in their papers in early 2020. We did not replace them,” said Kumar. According to him, YES Bank is now looking to push on digitisation, which has become more relevant in the COVID-19 era. “We have tried to streamline processes. With less number of workforce, we’re able to do more,” he said. <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"></colgroup></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Transactions </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Percentage </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Digital channels </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">90% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bank branches </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10% </td></tr></tbody></table> YES Bank also pivoted to adopt a method to digitally onboarding customers, both in terms of liabilities and on the loan side, due to COVID-19. “Customers can open a digital account through video KYC. With very few employees and small costs we are able to acquire,” said Kumar. YES Bank is hiring Most companies, YES Bank included, weren’t too aggressive about hiring when the coronavirus pandemic initially broke. The reason YES Bank is back on the wagon is that it wants to grow and have the right people in place before the next financial year kicks off. “Hiring is something that takes a little bit of time in terms of getting the right kind of person, onboarding, and getting the person ready for the specific role,” explained Kumar. Employment opportunities and job vacancies at the bank can be found on its <a href="https://www.yesbank.in/work-with-us/career-opportunities">official website</a>. YES Bank is looking for candidates who are innovative, have basic skills, work hard, would like, and to pursue a career in banking. However, Kumar points out that a certain minimum level of experience is required. Here’s a quick look at some of the posts that YES Bank is looking to fill: <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"></colgroup></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Post </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Department </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Location </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Senior Vice President </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Business and Digital Technology Solutions Group </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Vice President </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Business and Digital Technology Solutions Group </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Assistant Vice President </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Business and Digital Technology Solutions Group </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Senior Manager </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Business and Digital Technology Solutions Group </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai, Gurgaon </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Senior Vice President </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Central Data and Analytics Group </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Vice President </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Central Data and Analytics Group </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Assistant Vice President </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Central Data and Analytics Group </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Executive Vice President </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Risk Management </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Vice President </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Risk Management </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Credit Quality Manager </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Risk Management </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Lucknow, Kolkata </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Regional Credit Manager </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Risk Management </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Delhi </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Zonal Credit Manager </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Risk Management </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Delhi </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Area Credit Manager </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Risk Management </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kolkata </td></tr></tbody></table> SEE ALSO: <a href="https://www.businessinsider.in/science/space/news/jeff-bezos-blue-origin-is-eyeing-the-commercial-space-station-business-wants-nasa-as-one-of-its-first-customers/articleshow/78272862.cms">Jeff Bezos' Blue Origin is eyeing the commercial space station business — wants NASA as one of its first customers</a> <a href="https://www.businessinsider.in/science/space/news/school-bus-sized-asteroid-is-scheduled-to-make-its-closest-approach-to-earth-on-september-24/articleshow/78271529.cms">A school bus-sized asteroid will make its closest approach to Earth tomorrow — safely zooming past the planet</a> <a href="https://www.businessinsider.in/tech/enterprise/news/microsoft-acquires-exclusive-license-for-elon-musks-largest-gpt-3-ai-language-model/articleshow/78269391.cms">Microsoft acquires exclusive license for Elon Musk’s largest GPT-3 AI language model</a>

EXCLUSIVE: YES Bank's workforce shrank by 1,000 employees since March but now it's hiring again for the coming year

<ul><li>The <keyword id="8637077" type="UNKNOWN" weightage="20" keywordseo="Coronavirus-lockdown">coronavirus lockdown</keyword> has attracted sharper <keyword id="9265597" type="UNKNOWN" weightage="20" keywordseo="scrutiny-on-social-media">scrutiny on social media</keyword> <keyword id="6354741" type="UNKNOWN" weightage="20" keywordseo="Apps">apps</keyword> from Indian authorities.</li><li><keyword id="6762469" type="UNKNOWN" weightage="20" keywordseo="TikTok">TikTok</keyword> has been in the news recently, after millions of Indians called for a ban on the app after videos promoting violence against women went viral.</li><li>The National Commission for Women chief Rekha Sharma has said she will write to the Indian government seeking a ‘total ban’ on the app.</li><li>On the other hand, a new petition has been filed against <keyword id="6354616" type="UNKNOWN" weightage="20" keywordseo="Twitter">Twitter</keyword> by a BJP leader, seeking a mechanism to check the spread of fake news on the platform.</li><li><keyword id="10296" type="ENTERTAINMENT" weightage="20" keywordseo="Zoom">Zoom</keyword>, too, has been called out for its security issues, and a new petition in the Supreme Court seeks to ban it in India.</li></ul><keyword id="1004414" type="PERSON" weightage="20" keywordseo="Social-media-apps">Social media apps</keyword> TikTok and Twitter, and video calling app Zoom have attracted the scrutiny of Indian authorities after instances of promotion of anti-women violence, fake news and security issues surfaced during the COVID-19 pandemic, exacerbating the existing troubles in the country. To be clear, TikTok and Twitter are not new to scrutiny from the Indian authorities. Earlier in April 2019, TikTok was <a href="https://yourstory.com/2019/04/tiktok-ban-timeline-supreme-court-india">briefly banned</a> in India by the Madras High Court for hosting ‘pornographic and sleazy’ content. Twitter, too, has had its share of controversies in India. It has been <a href="https://www.businessinsider.in/tech/news/twitter-continues-to-be-toxic-for-women-in-2020/articleshow/74497707.cms">termed as ‘toxic for women’</a> by non-governmental organisations like Amnesty International. 2020 has seen a fresh wave of outbursts against the social media platforms. <div type="Article" hostid="261" msid="75800571" title="Faizal Siddiqui’s TikTok acid attack video is adding to the growing list of problems for the platform in India" mstype="2" mssubtype="0"></div> India’s National Commission for Women seeks a ban on TikTok Now, these apps are in the news once again for wrong reasons. In a protest of sorts, <a href="https://www.businessinsider.in/tech/news/tiktok-gogole-play-ratings-fall-to-1-3-stars-after-4-million-comments/articleshow/75842653.cms">millions of Indian users</a> of TikTok have taken to uninstalling the app and rating it 1-star on the Google Play store. This happened after some TikTok users posted videos promoting violence against women and were subsequently roasted by popular YouTubers like CarryMinati. The videos promoting violence prompted the National Commission for Women’s chairperson Rekha Sharma to step in. She <a href="https://twitter.com/sharmarekha/status/1262550128105328642">said</a> she would write to the Indian government seeking to ban the app. <div type="twitter" handle="sharmarekha" handlename="Rekha Sharma" image="http://pbs.twimg.com/profile_images/929715131096776704/3F99PFvv_normal.jpg" favoritecount="23943" retweetcount="9313" status="I am of the strong openion that this @TikTok_IN should be banned totally and will be writting to GOI. It not only h… https://t.co/CmkjHYX4Ox" createdat="1589850382000" id="1262550128105328642"></div> Ruling party leader wants action to be taken against Twitter Vinit Goenka, a leader from the ruling party, Bharatiya Janata Party, has filed a public interest litigation (PIL) in the Supreme Court, asking for a mechanism to curb fake news and instigative messages on the platform. “The logic and algorithms that twitter usage should be shared and vetted by Indian government authorities or competent authority for screening anti India tweets,” the plea says, alleging that the social media platform has given a very long leash to "anti-nationals", "separatists" and the likes. “KYC of all social media handles in India must be conducted for making social media safe and accountable and traceable,” the plea further added. ‘Zoom users vulnerable to cyber threats’ says a plea seeking ban on the app Zoom has had its share of glaring security issues in the recent past. On several occasions, users have reported ‘Zoombombing’, which is essentially the digital equivalent of gatecrashing a meeting. <div type="Article" hostid="261" msid="75192771" title="How to ensure privacy and security while using Zoom" mstype="2" mssubtype="0"></div> “Rather than lending a hand to people in need, Zoom violates the privacy of its millions of users by misusing and exploiting their personal information and falsely, deceptively and misleadingly advertising fictitious security benefits of the program,” said the plea filed in the Supreme Court, according to a PTI report. “Zoom is reported to have a bug that can be abused intentionally to leak information of users to third parties. The app has falsely claiming calls are end-to-end encrypted when they are not,” the plea further added. Zoom has <a href="https://www.businessinsider.in/tech/news/companies-and-organisations-that-have-banned-zoom-and-google-hangouts/articleshow/75156719.cms">already been banned</a> by ten companies and government organisations around the world. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/researchers-found-and-bought-more-than-500000-zoom-passwords-on-the-dark-web-for-less-than-a-cent-each/articleshow/75138495.cms">Researchers found and bought more than 500,000 Zoom passwords on the dark web for less than a cent each</a> <a href="https://www.businessinsider.in/tech/how-to/how-to-ensure-privacy-and-security-while-using-zoom/articleshow/75192771.cms">How to ensure privacy and security while using Zoom</a> <a href="https://www.businessinsider.in/tech/news/tiktok-gogole-play-ratings-fall-to-1-3-stars-after-4-million-comments/articleshow/75842653.cms">TikTok got 4 million comments on Google Play Store dragging down its rating to 1.3⁠ — but it may not disappear yet</a>

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You Searched For "Video KYC" and got 13 results

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After Kotak Mahindra Bank, IDFC First Bank launches video KYC facility for customers to open savings accounts

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