Omicron spread: RBI extends deadline for periodic KYC update by 3 months

RBI extends deadline for periodic KYC update by 3 months

The Reserve Bank of India (RBI) announced on Thursday that the deadline for banks to adopt periodic Know Your Customer (KYC) updates has been extended by three months, until March 31, 2022. The deadline has come to an end today. In a circular, the central bank stated that the decision was made because to the … Read more