RBI puts a 60 day clock on suspected mule accounts

On 11 September 2026 the Reserve Bank of India published a draft amendment to its Know Your Customer Directions. It is a short document with one big idea: once a bank suspects a money mule account, there is now a fixed procedure and a fixed clock. Hold the money, tell the customer, give them 20 […] The post RBI puts a 60 day clock on suspected mule accounts appeared first on Cashfree Blog .