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KYC update to get easier as RBI proposes new rules
This has been done seeing the pendency in the periodic update of KYC and the customer complaints of challenges in updating ...
Periodic KYC update in bank account to become easier; RBI proposes new draft rules, allows time till June 30, 2026, to do KYC for these customers
The RBI has issued a draft comment on simplifying KYC rules. The proposed rules will make the bank customers' lives easier in ...
Conventus Law7d
India – RBI Invites Comments On Draft Amendments To KYC Directions To Streamline Periodic Updation.
India - RBI Invites Comments On Draft Amendments To KYC Directions To Streamline Periodic Updation. Legal News and Analysis - ...
Devdiscourse9d
RBI Poised to Simplify KYC Process with Business Correspondents
The Reserve Bank of India plans to utilize business correspondents for KYC updates, tackling complaints regarding inoperative ...
The Hindu2y
No need to visit bank to update KYC, says RBI
Following up on Reserve Bank Governor Shaktikanta Das stating that banks should not insist on branch visits for KYC updation, the central bank on Thursday issued guidelines for the same.