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The Reserve Bank of India has issued revised instructions on safe deposit locker and safe custody article facility provided by banks. RBI has clarified that customers not having any banking relationship with the bank may be given the facilities of safe deposit locker/safe custody article after complying with customer due diligence criteria. The revised instructions shall come into force with effect from January 1, 2022The Reserve Bank of India has issued revised instructions on safe deposit locker and safe custody article facility provided by banks. RBI has clarified that customers not having any banking relationship with the bank may be given the facilities of safe deposit locker/safe custody article after complying with customer due diligence criteria. The revised instructions shall come into force with effect from January 1, 2022taxmann.com Latest Statutory HappeningsRead More