Investing in India from abroad? SEBI proposes digital KYC for NRIs, OCIs without physical presence in India
· livemint.com
SEBI has proposed allowing NRIs, OCIs and eligible foreign nationals in FATF-compliant countries to complete digital KYC for Indian securities investments without travelling to India. The proposal also seeks to make KYC records portable.
The Securities and Exchange Board of India (SEBI) has proposed easing the KYC process for individual Persons Resident Outside India (PROIs), potentially allowin...