SEBI Plans to Enable Remote KYC for NRIs
SEBI is in discussions with UIDAI and RBI to enable secure, remote Know Your Customer (KYC) verification for Non-Resident Indians (NRIs).
The initiative aims to simplify KYC access for NRIs, currently in the testing phase.
“It will be a major development once operational,”
said SEBI Chairman Tuhin Kanta Pandey, highlighting the importance of this move.
- SEBI, UIDAI, and RBI are working together to enable remote KYC for NRIs.
- The goal is to ensure NRIs no longer need to travel to India for completing KYC procedures.
Author's summary: SEBI plans to enable remote KYC for NRIs soon.
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