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RBI invites public comments on the draft circular on ‘Updation/ Periodic Updation of KYC– Revised Instructions&rs

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Dion Global

23 May 2025

Please refer to instructions on Updation/ Periodic Updation of KYC as contained in paragraph 38 of Master Direction - Know Your Customer (KYC) Direction, 2016 dated February 25, 2016 (as amended from time to time). Reserve Bank has released today the draft circular on Updation/ Periodic Updation of KYC – Revised Instructions which encloses the draft Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025 modifying the aforementioned instructions.

The comments on the draft Amendment Directions are invited from the public/ stakeholders till June 6, 2025. The comments/ feedback may be submitted through the link under the ‘Connect 2 Regulate’ Section available on the Reserve Bank’s website or may alternatively be forwarded to

The Chief General Manager

Business Conduct Group

Department of Regulation, Central Office

Reserve Bank of India, 12/13th Floor

Shahid Bhagat Singh Marg

Fort Mumbai – 400 001

Or

by email