Simplify KYC processes, make common norms: FM Sitharaman to SEBI
Indian Express·2h ago·Neutral
What Happened
Finance Minister Nirmala Sitharaman urged SEBI to standardize KYC norms and digitalize processes across India's securities market. She emphasized citizens shouldn't repeat verification across multiple financial platforms. Sitharaman called for seamless, secure, portable KYC experience and improved financial services integration through regulator coordination.
Key Entities
Nirmala SitharamanSEBIKYCFinancial Stability and Development CouncilIndian securities market