Reptilian News: Modi’ governent’s e-KYC norms are an oxymoron! Even a dead person can get an e-KYC!

 

Reptilian News cartoon - E-KYC is an oxymoron

E-KYC is an oxymoron because it enable completion of Know Your Customer formalities without ever meeting him in person. E-KYC will enable even a dead person to complete the evaluation.

DoT’s order asking mobile phone service providers to do e-KYC instead of KYC is a violation of Feb 2 SC order.

eKYC required by banks is a violation of banking and money-laundering rules.

https://twitter.com/MoralVolcano/status/916205475175137280