Why KYC needs an upgrade to KYOC

Sir, India’s KYC (Know Your Customer) architecture is often presented as one of the quieter success stories of modern financial regulation. Identity verification today is certainly formidable: Aadhaar linkage, PAN mapping, video-KYC, and digital onboarding have made creating fake accounts an increasingly unrewarding hobby. And yet, somewhat inconveniently, fraud losses continue to rise, and money…

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Quote of the day by American financier J.P. Morgan: “If you have to ask how much it costs, you can’t…” | World News

J.P. Morgan (Image: Wikipedia) There are moments in buying decisions when the conversation shifts quietly. Someone asks for a price, hears it, and the tone changes. Not always because it is unaffordable, but because the situation was never really about comparison in the first place.That shift is what people often associate with J.P. Morgan, one…

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Unveiling India’s NEET Examination Scandal: A Deep Dive into the 2026 Paper Leak Controversy | India News

Lesson from India’s exam scandal (PTI) The NEET-UG paper leak, which has sparked protests, court battles and a probe by the Central Bureau of Investigation (CBI) has brought the examination system under unprecedented scrutiny.The controversy has exposed deeper structural flaws in a testing ecosystem that determines admission to colleges and the futures of millions of…

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‘Modern gurukul’, escape tunnel, CCTV surveillance: How Pune ‘godman’ built a web of control over woman for 15 years | Pune News

The accused, identified as Radhamohan Mishra. PUNE: A self-styled godman and seven of his associates have been arrested in Pune for allegedly sexually assaulting, physically torturing and financially exploiting a woman for several years by claiming to possess divine powers, police said on Thursday.The arrested associates include six women, officials said.Police said the alleged abuse…

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‘We made him a one-format player’: Ex-India cricketer questions major selection call | Cricket News

India’s Mohammed Siraj (PTI Photo) Former India batter Aakash Chopra believes Mohammed Siraj was unfairly tagged as a specialist for just one format early in his international career, insisting the fast bowler has repeatedly shown he can be effective across formats.Siraj’s impressive performances in franchise cricket for Royal Challengers Bengaluru and later Gujarat Titans helped…

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FIFA World Cup 2026 broadcaster Zee to contribute 15% of football-related subscription revenue towards grassroots | Football News

FIFA World Cup 2026. Image via: Getty Images New Delhi: At a time when India’s absence from the 2026 FIFA World Cup is dominating social media timelines once again, Zee Entertainment Enterprises Ltd. — the broadcaster of the tournament in India — has committed to contributing a 15 percent of the revenue it earns from…

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Meet ‘Lucy’s hunter’: Scientists discover a 15-foot crocodile that lived alongside early humans in Ethiopia |

In the dry storytelling of palaeontology, certain discoveries tend to arrive with a kind of quiet disruption. Not the sort that rewrites textbooks overnight, but one that shifts the edges of what was assumed about a landscape long gone. In Ethiopia’s Afar region, a set of fragmented crocodile fossils has done something like that. The…

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