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

(Puneet Pancholy)  
Chief General Manager

KYC periodic updation: RBI seeks public comments on proposed amendments to KYC updation instructions. Reserve Bank of India published a draft circular revising instructions on KYC periodic updation, amending paragraph 38 of the Master Direction - Know Your Customer (KYC) Direction, 2016 through the proposed Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025. The Bank seeks public and stakeholder comments on the draft until June 6, 2025, with submissions via the 'Connect 2 Regulate' portal or by post/email to the Chief General Manager, Business Conduct Group, Department of Regulation, Reserve Bank of India, Mumbai.