RBI amends KYC Directions clarifying that the responsibility of verification of identity/address will lie with the RE that has last uploaded/updated the customer’s KYC records in CKYCR
The Reserve Bank of India (“RBI”), has issued Reserve Bank of India (Non-Banking Financial Companies – Know Your Customer) Amendment Directions, 2025 […]
RBI issues Master Direction – Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025 in suppression of previous Directions dated 18.10.2024
The Reserve Bank of India has issued the Master Direction – Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025 (“Master […]
RBI has issued a circular establishing regulatory prescriptions and institutional safeguards for prevention of financial frauds perpetrated using voice calls and SMS; REs to ensure compliance by 31st March, 2025
The Reserve Bank of India (“RBI”) has issued a Circular establishing regulatory prescriptions and institutional safeguards for prevention of financial frauds perpetrated […]
RBI issues comprehensive Guidelines for Regulated Entities participating as lenders under Government Debt Relief Schemes
The Reserve Bank of India (“RBI”) has issued guidelines addressing the participation of Regulated Entities (“REs”) in Government Debt Relief Schemes (“DRS”). […]