Reserve Bank of India (RBI) Governor Sanjay Malhotra has urged banks and non-banking financial companies (NBFCs) to cease the practice of repeatedly requesting ‘Know Your Customer’ (KYC) documents from customers. Speaking at the annual conference of RBI Ombudsmen, Malhotra

In a recent address, Reserve Bank of India (RBI) Governor Sanjay Malhotra emphasized the central bank’s ongoing commitment to facilitating credit accessibility within the financial system. He acknowledged that while efforts have been made, there remains “room for improvement” in ensuring the ease of credit for businesses and individuals. RBI’s Focus