Kerala HC: Physiotherapists and Occupational Therapists Cannot Use “Dr.” Without Medical Degree  ||  Delhi High Court: Law Firms Must Verify Cited Case Laws; Senior Counsel Not Responsible for Finality  ||  MP High Court Dismisses Shah Bano’s Daughter’s Plea, Rules ‘Haq’ Movie is Fiction  ||  Bombay HC Cancels ERC Order, Rules Stakeholders Must Be Heard Before Amending Multi-Year Tariff  ||  Calcutta High Court Rules Dunlop’s Second Appeal Not Maintainable under the Trade Marks Act  ||  Kerala HC: Revisional Power U/S 263 Not Invocable When AO Grants Sec 32AC Deduction After Inquiry  ||  J&K&L HC: Section 359 BNSS Doesn’t Limit High Court’s Inherent Power U/S 528 to Quash FIRs  ||  Bombay HC: BMC Ban on Footpath Cooking via Gas/Grill Doesn’t Apply to Vendors Using Induction  ||  Madras HC: Buyer Not Liable for Seller’s Tax Default; Purchase Tax Can’t Be Imposed under TNGST Act  ||  Kerala HC: Oral Allegations Alone Insufficient to Sustain Bribery Charges Against Ministers    

Comprehensive Master Directions on Know Your Customer- (Reserve Bank of India) (25 Feb 2016)

MANU/RPRL/0070/2016

Banking

The Reserve Bank of India issued Master Direction called the ‘Reserve Bank of India (Know Your Customer (KYC) Directions, 2016’. The Directions provide guidelines for when KYC formalities must be complied with, what level of diligence is required and to whom the directions are applicable. Particularly, the Directions simplify diligence procedure for individuals and Self Help Groups.

Tags : KYC   MASTER DIRECTIONS   SIMPLIFICATION  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved