Budget 2025: Revamped central KYC registry announced to simplify investor onboarding
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar, founder of SahajMoney, was sceptical of the revamped central KYC registry, saying progress has been slow and that RBI and SEBI differ on KYC rules, and argued for a single Aadhaar-style KYC usable across all financial transactions.
More of Abhishek's views on money management
Mint reports on the Union Budget 2025 announcement of a revamped central KYC registry, meant to unify KYC across mutual funds, NPS, insurance and banking so that investors need not repeat the process for each product. Industry voices give their views on the plan in light of earlier attempts, and agree that its success depends on implementation and cooperation among regulators. It includes comments from Abhishek Kumar.
Publisher source
Budget 2025: Revamped central KYC registry announced to simplify investor onboarding
