CDSL reviews Paytm Money’s KYC process

India’s largest securities depository is conducting an inspection of the customer verification process followed by Paytm Money, the wealth management entity run by One 97 Communications, people in the know told ET.

Central Depository Services India (CDSL) is the latest to ramp up checks on the know-your-customer (KYC) process followed by various entities of One 97, after the Reserve Bank of India’s January 31 directive.