The Reserve Bank therefore periodically reviews these instructions and modifies them, with a view to reduce the burden and bring in ease of compliance, but at the same time ensuring the safety of the financial system and the sanctity of financial transactions are not compromised.
Some of these modifications and adjustments are as follows: •  Any one of the various documents listed would suffice for the identification and address purposes ie one for identification and another one for address; If address is available in ID document, single document is sufficient. •  e-KYC service of UIDAI as a valid process for KYC verification.