RBI invites comments on the Draft “Reserve Bank of India (Know Your Customer) Amendment Directions, 2026”
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Draft open for public comment — a proposed policy, rule, or standard in consultation. Not yet in force; stakeholder input can still change it.
Summary
The Reserve Bank in its Know Your Customers (KYC) Directions, 2025 has issued instructions on 'Operations of Bank Accounts and Money Mules'. The Hon'ble Supreme Court in its order dated August 4, 2026 has directed the Reserve Bank to adopt and circulate a Standard Operating Procedure (SOP) prescribing the action to be taken by banks for placing temporary debit holds on amounts or accounts linked to money-mule activity and cyber-enabled fraud. 2. Accordingly, the Reserve Bank has today issued the
Key Facts
TypeDraft for comment
SourceReserve Bank of India
PublishedFriday, 11 September 2026
Affected Population~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
GDP: $3.9 trillion (2025 est.)
Key Authorities
Ministry of Electronics & ITTRAICERT-InMinistry of FinanceRBI
Key Stakeholders
Internet UsersTech CompaniesStartupsTaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
5 changes recorded for this policy.
DescriptionFriday, 18 September 2026via rbi_notifications
The Reserve Bank in its Know Your Customers (KYC) Directions, 2025 has issued instructions on 'Operations of Bank Accounts and Money Mules'. The Hon'ble Supreme Court in its order dated August 4, 2026 has directed the Reserve Bank to adopt and circulate a Standard Operating Procedure (SOP) prescribing the action to be taken by banks for placing temporary debit holds on amounts or accounts linked to money-mule activity and cyber-enabled fraud. 2. Accordingly, the Reserve Bank has today issued the
RBI notification: Reserve Bank of India (Rural Co-operative Banks – Know Your Customer) Amendment Directions, 2026
DescriptionFriday, 18 September 2026via rbi_notifications
The Reserve Bank in its Know Your Customers (KYC) Directions, 2025 has issued instructions on 'Operations of Bank Accounts and Money Mules'. The Hon'ble Supreme Court in its order dated August 4, 2026 has directed the Reserve Bank to adopt and circulate a Standard Operating Procedure (SOP) prescribing the action to be taken by banks for placing temporary debit holds on amounts or accounts linked to money-mule activity and cyber-enabled fraud. 2. Accordingly, the Reserve Bank has today issued the
RBI notification: Reserve Bank of India (Urban Co-operative Banks – Know Your Customer) Amendment Directions, 2026
DescriptionFriday, 18 September 2026via rbi_notifications
The Reserve Bank in its Know Your Customers (KYC) Directions, 2025 has issued instructions on 'Operations of Bank Accounts and Money Mules'. The Hon'ble Supreme Court in its order dated August 4, 2026 has directed the Reserve Bank to adopt and circulate a Standard Operating Procedure (SOP) prescribing the action to be taken by banks for placing temporary debit holds on amounts or accounts linked to money-mule activity and cyber-enabled fraud. 2. Accordingly, the Reserve Bank has today issued the
RBI notification: Reserve Bank of India (Regional Rural Banks – Know Your Customer) Amendment Directions, 2026
DescriptionFriday, 18 September 2026via rbi_notifications
The Reserve Bank in its Know Your Customers (KYC) Directions, 2025 has issued instructions on 'Operations of Bank Accounts and Money Mules'. The Hon'ble Supreme Court in its order dated August 4, 2026 has directed the Reserve Bank to adopt and circulate a Standard Operating Procedure (SOP) prescribing the action to be taken by banks for placing temporary debit holds on amounts or accounts linked to money-mule activity and cyber-enabled fraud. 2. Accordingly, the Reserve Bank has today issued the
RBI notification: Reserve Bank of India (Small Finance Banks – Know Your Customer) Amendment Directions, 2026
DescriptionFriday, 18 September 2026via rbi_notifications
The Reserve Bank in its Know Your Customers (KYC) Directions, 2025 has issued instructions on 'Operations of Bank Accounts and Money Mules'. The Hon'ble Supreme Court in its order dated August 4, 2026 has directed the Reserve Bank to adopt and circulate a Standard Operating Procedure (SOP) prescribing the action to be taken by banks for placing temporary debit holds on amounts or accounts linked to money-mule activity and cyber-enabled fraud. 2. Accordingly, the Reserve Bank has today issued the
RBI notification: Reserve Bank of India (Commercial Banks – Know Your Customer) Amendment Directions, 2026
The State government has received investment proposals worth approximately Rs 23,600 crore and the potential to generate 6,100 employment opportunities, says Odisha CM
Appeals against the provisional notification may be filed before the Housing and Urban Development Department between October 7 and October 21, 2026. The State government will hear and dispose of appeals between October 26-28.
The judge said the NIA could not defeat the accused’s right to bail by filing a chargesheet limited to immigration offences while the UAPA probe continues.