Daily One Banking Term : ( 09 Nov 2017 )


✔️ Kiosk Banking:

▪️ Doing banking from a cubicle from which food, newspapers, tickets etc. are also sold.

✔️ KYC Norms:

▪️Know your customer norms are imposed by R.B.I. on banks and other financial institutions to ensure that they know their customers and to ensure that customers deal only in legitimate banking operations and not in money laundering or frauds.

 

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