For low-risk individual customers, the deadline for KYC updation has been extended, they are now permitted to complete this within one year of its due date or by 30thJune 2026, whichever is later, though their accounts will remain under regular monitoring. RBI has authorized banks to utilize their Business Correspondents (BCs) for the periodic updation of KYC. Also, all Regulated Entities (REs) are now mandated to issue at least three advance intimations (including one by letter) to customers before their KYC is due for updation, and three reminders (including one by letter) if non-compliant after the due date.