SEBI floats digital, portable KYC for NRIs: no India visit, no repeat paperwork
SEBI's new consultation paper would let NRIs, OCIs and foreign nationals complete KYC digitally from abroad and reuse verified details across intermediaries, killing in-person onboarding and repeat paperwork. If finalized, account opening that takes weeks could shrink to days, opening Indian markets to a far larger, stickier overseas investor base.