The Reserve Bank of India (RBI) on Wednesday amended its Know Your Customer (KYC) norms to bring them in line with recent changes in the Prevention of Money Laundering (Maintenance of Records) rules. As per the amendment in the master direction, regulated entities (REs) under the KYC Direction, 2016 will have to implement customer due … Continue reading Reserve Bank amended the master direction on KYC, the provisions come into effect with immediate effect