IFSCAs International Financial Services Centres Authority plans to roll out video-based KYC guidelines for NRI customers by November, aiming to make account opening and investing in GIFT City simpler. The move is expected to reduce or eliminate paper applications, while a faceless authentication system is being developed in coordination with UIDAI and the RBI.
Swipe through stories, personalise your feed, and save articles for later — all on the app.