I do not think that this criticism is fair. Banks asked but were not allowed to relax their legal KYC criterias. Existing customers already fullfill these so t

I do not think that this criticism is fair. Banks asked but were not allowed to relax their legal KYC criterias. Existing customers already fullfill these so they can be served while the others are processed. And ofcourse the whole system is completely swamped. That being said i don't doubt that banks would have acted like this anyway.