Amendment to Master Direction on Know Your Customer - RBI - Reserve Bank of India
Amendment to Master Direction on Know Your Customer
RBI/2016-17/177 December 8, 2016 All Regulated Entities Dear Sir/Madam, Amendment to Master Direction on Know Your Customer In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, it has been decided to make certain amendments to the Master Direction on Know Your Customer (KYC). The two major changes being notified are as under:
Apart from the above, certain other modifications/clarifications to the existing instructions have also been included in the notification as per the notification No. DBR.AML.BC. No. 18/14.01.001/2016-17 dated December 8, 2016. Yours faithfully (Lily Vadera) |