PNB urges its customers to update KYC details by mid-December
New Delhi: Public sector lender Punjab National Bank (PNB) has asked its customers to update their Know Your Customer (KYC) information before December 18 to ensure the smooth functioning of their accounts, an official release said.

This applies to those PNB account holders, whose accounts had not been updated till September 30, it stated.
The KYC compliance exercise is in adherence to the Reserve Bank of India (RBI) guidelines.
"PNB customers are requested to provide their updated information, like identity proof, address proof, recent photo, PAN, income proof, mobile number (if not available), or any other KYC information, to their base branch," according to the release.
The update can be done through PNB One, Internet Banking Services (IBS), registered email or postal mail, or in-person visits to any branch by December 18.
Failure to update KYC details within the stipulated time may result in restrictions on account operations, the release added.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

Pakistan: Blast close to Quetta’s FC headquarters leaves 10 dead

Baloch American Congress asks Trump to support fight for Balochistan's cause

Yash Raj Films launches YRF Script Cell seeking new writers for Hindi cinema and creative collaboration

Pakistan 'successfully' conducts Fatah-4 missile test amid heightened tensions with India
