RBI Eases KYC Rules For FPIs, Overseas Certification Now Allowed
New Delhi: The Reserve Bank of India has simplified Know Your Customer compliance for foreign portfolio investors by permitting Indian banks to accept original certified copies of specified documents verified by authorised officials overseas. The relaxation, introduced through the RBI (Commercial Banks–Know Your Customer) Amendment Directions, 2026, took effect immediately. It extends to FPIs a…
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