Sep 16, 2026

Brief on Draft RBI (KYC) Amendment Directions, 2026

In September 2026, the Reserve Bank of India issued the Draft RBI (KYC) Amendment Directions, 2026, following the Supreme Court's order dated August 4, 2026. The draft amends the KYC Directions, 2025, and introduces a Standard Operating Procedure (SOP) for banks on placing temporary debit holds on accounts or funds linked to money mule activity and cyber-enabled financial fraud.

pdf-iconBrief on Draft RBI (KYC) Amendment Directions, 2026