RBI relaxes KYC norms, tells banks not to impose any restriction till Dec-end

The Reserve Bank on Wednesday asked banks and other regulated financial entities not to impose any punitive restriction against customers for failure to update KYC till December end, in view of the second wave of coronavirus cases.

source https://timesofindia.indiatimes.com/india/rbi-relaxes-kyc-norms-tells-banks-not-to-impose-any-restriction-till-dec-end/articleshow/82401741.cms