Instead of KYC it's now time for KYB
Varun Jaiswal
![Varun Jaiswal]()
Varun Jaiswal
Chief Luxury Officer | Celebrity Engagement and Endorsements I Professional Networker I Equity & Mergers I Residential | Commercial Leasing
In the recent past the way the banks are closing and the level of NPA's are increasing now it's the time for customers to do due diligence of the bank before opening or depositing in their bank. Now i'ts time to do KYB (Know Your Bank).
Check the percentage of NPA of the banks number of deposits by number of loans issued...Instead of keeping the money in bank. I'ts better invest it.