SEBI proposes easier of KYC process for NRI, OCI investors

New Delhi, Aug 19: The Securities and Exchange Board of India (SEBI) has proposed easing of the ‘Know Your Client’ (KYC) process for individual Persons Resident Outside India (PROIs), including Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs) and foreign nationals. The proposal would allow eligible overseas investors located in Financial Action Task Force (FATF)-compliant countries [...] The post SEBI proposes easier of KYC process for NRI, OCI investors appeared first on Business Vibes of India (BVI) .