Random enforcement of KYC rules is denying the poor their own money and dignity

Frontline on Air
24/11/2024 9 min
Random enforcement of KYC rules is denying the poor their own money and dignity

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Episode Synopsis

This article highlights the challenges faced by India's rural poor due to bank account freezes caused by stringent Know Your Customer (KYC) regulations. It explores the human rights implications of denying financial access and dignity to marginalized communities, emphasizing the disproportionate impact on those already struggling with systemic inequities. The analysis underscores the need for a more compassionate and inclusive approach to banking policies.

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