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SEBI to ease KYC procedure for NRIs
The move sheds light on SEBI's continued efforts to enhance the ease of doing business for foreign investors.
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Rwittika Chakraborty
- Sun, 11, Jan 2026
- 06:37 EST
- 18
Securities and Exchange Board of India (SEBI) / sebi.gov.in/
The Securities and Exchange Board of India (SEBI) Chairman, Tuhin Kanta Pandey, stated on Jan. 10 that it would consult stakeholders on creating a secure, end-to-end KYC framework for non-resident Indians (NRIs), which would not require them to travel to India.
While speaking at the Association of National Exchanges Members of India (ANMI) 15th International Capital Market Convention 2026 in Chennai, Pandey mentioned SEBI’s overall plans on further reducing documentation requirements and streamlining the re-KYC process, with KYC Registration Agencies (KRAs) retaining only updated records.
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He also added that a public consultation on these proposals would be initiated shortly.
The proposed change in the existing procedure aims to address long-standing concerns of NRI investors who have faced challenges with extensive paperwork and complex compliance procedures.
The key aspects of the planned reforms include, significant reduction in required documents, streamlined procedures for existing investors, and KRAs to retain only updated records.
This consultation will enable stakeholders, including NRI investors, financial institutions, and market intermediaries, to offer feedback on the proposed changes before their implementation.
The move also sheds light on SEBI's continued efforts to enhance the ease of doing business for foreign investors and strengthen India's position as an efficient investment destination for the global Indian diaspora.
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