Banking · KYC Guidelines and Beneficial Ownership
While performing customer due diligence for a corporate client, what is the threshold for identifying a natural person as a beneficial owner (BO) holding a controlling ownership interest in a company as per current RBI KYC regulations?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1More than 5 percent of shares or capital
- 2More than 15 percent of shares or capital
- 3More than 10 percent of shares or capital✓
- 4More than 25 percent of shares or capital
Correct answer
More than 10 percent of shares or capital
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