RBI Update - Reserve Bank of India (Know Your Customer (KYC)) (2nd Amendment) Directions, 2025

The Reserve Bank of India has issued the Reserve Bank of India (Know Your Customer (KYC)) (2nd Amendment) Directions, 2025 , amending the 2016 KYC Directions. The amendments include: addition of a link to KYC FAQs on the RBI website; ensuring no KYC application, including for Persons with Disabilities (PwDs), is rejected without proper reasoning; extending KYC requirements to occasional transactions of ₹50,000 or above and international money transfers; recognition of Aadhaar Face Authentication as valid authentication; and mandating that liveness checks should not exclude persons with special needs. These directions take immediate effect.

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