News > Deadline relief: Bank KYC to GST returns
Deadline relief: Bank KYC to GST returns
Latesttalks | 01/01/2022 10:32 AM | Click to read full article
Authorities have extended a raft of deadlines, citing the uncertainty triggered by the new variant of Covid. The Reserve Bank of India has extended by three months until March 2022 its restriction on banks and finance companies freezing accounts of customers for want of KYC-compliant norms.
The RBI said it was extending this relaxation due to the prevalent uncertainty on account of the Omicron variant.
