Mumbai, April 25 (IANS) Finance Minister Nirmala Sitharaman on Saturday called for a major overhaul of know-your-customer (KYC) processes, urging Securities and Exchange Board of India (SEBI) to lead efforts toward simplifying and standardising verification systems across the financial ecosystem.Addressing SEBI’s 38th foundation day event here, FM Sitharaman stressed the need for a seamless, secure and portable KYC framework that works across platforms and institutions.“The current system pl…
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