RBI changed rules for banks! Customers will not have to update KYC on time – RBI new rules now kyc updating on time is important bank will send 3 reminder before freezing bank account

Rbi new rules: Customers will be required to update KYC on time. Now banks will have to send reminders 3 times before freezing the bank account to customers. The Reserve Bank of India (RBI) has issued a new instruction to increase customers’ security and improve banking service. Under this, now all banks and regulated institutions…