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Revamped central KYC registry to simplify investor onboarding
Hindustan Times Mumbai
|February 02, 2025
India's financial sector is poised for a significant transformation as the government announces plans to overhaul its know-your-customer (KYC) system, moving towards a centralised framework.
MUMBAI:
Union finance minister Nirmala Sitharaman unveiled the initiative Saturday in the Union Budget for the next financial year, introducing a revamped Central KYC (CKYC) registry designed to unify verification processes across sectors.
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