Thursday, May 30, 2019

RBI updates KYC requirements, permits Aadhaar only for DBT accounts

The central bank had earlier barred the usage of electronic KYC for non-benefit taking customers. It has also added offline KYC as a new means of user verification with their consent. http://bit.ly/2W8TZH8 https://ift.tt/eA8V8J

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Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% (Abhinav Parmar/Reuters)

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