Share on LinkedInShare on LinkedIn

ARTICLE · 09 SEPTEMBER 2025

Sagus Speaks - August 2025 | Part II

Sagus Legal
Sagus Legal
Contributor
Sagus Legal

Sagus Legal

We are a full-service law firm providing comprehensive legal advisory and advocacy to clients. Our...

View firm profile
Explore more from Sagus Legal

This Newsletter covers key Regulatory & Policy Updates, Government Notifications and Judicial Pronouncements.

IndiaEnergy and Natural Resources

REGULATORY AND POLICY UPDATES

RBI issues Reserve Bank of India (Know Your Customer (KYC)) (2nd Amendment) Directions, 20251.

The Reserve Bank of India ("RBI") by notification dated 14.08.2025 issued the RBI (Know Your Customer (KYC)) (2nd Amendment) Directions, 2025 ("KYC Amendment Directions") amending the RBI KYC Directions, 2016 ("KYC Master Directions"). Key highlights of the KYC Amendment Directions include as follows:

  1. A direct link to the Frequently Asked Questions (FAQs) on KYC has been added in the KYC Master Directions.
  2. RBI has clarified that the Customer Acceptance Policy to be framed by the regulated entities under the KYC Master Directions should not be applied in a manner that denies banking or financial services to the general public, especially to financially or socially disadvantaged persons, including Persons with Disabilities (PwDs). Further, no KYC application (whether for onboarding or periodic updation) shall be rejected without

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from