AK News SBI Aiming To Simplify KYC Process, Says Chairman CS Setty

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SBI Aiming To Simplify KYC Process, Says Chairman CS Setty

Published on: Oct. 8, 2025, 3:05 p.m. | Source: NDTV Profit

State Bank of India (SBI) is working to simplify KYC and re-KYC processes, including engaging with regulators and the government, Chairman CS Setty said on Wednesday at Global Fintech Festival in Mumbai. "With a large number of people joining India's banking system, it is important for all stakeholders, like banks, financial technology service providers, regulators, and policymakers to think about how to simplify the process for KYC," Setty said.

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