Foreign investors no longer need Indian notarisation for KYC, RBI announces

The latest amendment removes the requirement for foreign portfolio investors to obtain Indian notarisation of their KYC paperwork. Instead, investors can submit the original certified copies directly to Indian banks, provided the certification comes from an authority listed by the RBI. This shift aligns India’s regulatory framework with global best practices, facilitating smoother capital flows while ensuring that banks continue to perform the essential KYC checks on all incoming FPI accounts.