Welcome to this session on Anti-Money Laundering and KYC. In the next few minutes, we'll understand what AML is, why it matters, and how it applies to us at Vartna. AML stands on three pillars. Procedures for detecting and preventing laundering. Laws to penalize money laundering activities. And regulations that guide institutions like ours to stay compliant. The purpose of AML is to Prevent money laundering. and terrorist financing. This applies to all branches and employees involved in customer onboarding, documentation, loan processing, etc. And it aligns with RBI master directions and financial action task force recommendations. So what is money laundering? Money laundering is any act or attempted act to conceal or disguise the identity of illegally obtained proceeds, so that they appear to have originated from legitimate sources. There are three stages in money laundering. Placement, where the illegal money enters the financial system. Layering, where it's moved to disguise its origin. And integration, where it looks like legitimate income. Why AML matters. Noncompliance leads to legal penalties and reputational harm. As an NBFC, we face unique challenges and must comply with both Financial Intelligence Unit and RBI guidelines. In India, AML is enforced by Financial Intelligence Unit and Reserve Bank of India.