Good news for NRIs: SEBI eases re-KYC rules; physical presence not needed |
The Securities and Exchange Board of India (SEBI) has simplified the re-KYC process for Non-Resident Indians (NRIs) by scrapping the requirement of being physically present in India during digital verification. The move is aimed at making compliance easier and more accessible for millions of NRIs who maintain investment accounts back home.
According to a new........