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NRIs struggle with new mutual fund KYC rules: 3 reasons making MF investments difficult for them now

Mutual fund KYC rules for NRI: The Securities and Exchange Board of India (Sebi) has implemented new Know-Your-Customer (KYC) rules from April 1, 2024. The new KYC rules are not only created problems for domestic mutual fund investors but also for Non-resident individuals as well. Here are three issues creating problems from NRI and OCI mutual fund investors. ....

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KYC verification for SIM cards to soon go fully digital

In order to identify fraud SIM cards and block them, solutions powered by AI and facial recognition for telecom SIM subscriber verification (ASTR) is also being implemented by the government pan-India. ....

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