Bangalore, Sep 01: State Bank of India has installed a software to keep a tab on accounts suspected to have links with terrorist organisations, following a Reserve Bank of India directive. "A system has been put in place on the instructions of RBI. We have installed a software to identify and to follow the know your customer (kyc) guidelines...," SBI chairman A K Purwar told reporters here last night.
He said that all accounts were being monitored as per KYC guidelines. Mechanisms were in place for implementing the RBI note.
Asked whether any accounts linked with terrorist organisations had been identified, Purwar declined to comment and said "SBI is strictly implementing KYC guidelines".

Bureau Report