PRIMARYRBI Press Releases·12 Sept 2026neutral

RBI invites comments on the Draft “Reserve Bank of India (Know Your Customer) Amendment Directions, 2026”

AI Summary

·The Reserve Bank has issued draft "Know Your Customer" Amendment Directions, 2026 for public comments.
·These amendments are in response to a Supreme Court order dated August 4, 2026.
·The draft directions propose actions for banks regarding temporary debit holds on accounts linked to money-mule activity and cyber-enabled fraud.