Finance Minister Nirmala Sitharaman urges SEBI to lead push for seamless KYC across financial sector

Finance Minister Nirmala Sitharaman urges SEBI to lead push for seamless KYC across financial sector

Finance Minister Nirmala Sitharaman praised SEBI’s success over the past 38 years at the regulator's Foundation Day celebration.

Nirmala Sitharaman urges SEBI to simplify, standardise KYC across financial system

Mumbai: 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 in…

India Pushes SEBI for Global Coordination and Cyber Resilience

India’s Finance Minister Nirmala Sitharaman has urged the country’s market regulator, Securities and Exchange Board of India, to strengthen collaboration with global counterparts to enhance investor confidence in Indian markets. Speaking at a SEBI event in Mumbai, she emphasized that better alignment and understanding of regulatory frameworks internationally would attract more global capital. Sitharaman also highlighted the growing importance of…

India’s SEBI Positions Itself as a Global Leader in Market Regulation

India’s capital markets regulator, (SEBI), used its 38th Foundation Day to signal a major shift in global financial dynamics asserting that India is no longer following international benchmarks but actively shaping them. The address highlighted SEBI’s transformation into a forward-looking regulator, emphasizing a move toward technology-driven, anticipatory oversight in response to increasingly complex and interconnected global markets. India Out…