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Ch.4 · SEBI Mutual Fund Regulations · medium

Which entity is currently the centralised KYC registration agency for the securities market in India?

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EXPLANATION

There are multiple SEBI-registered KYC Registration Agencies (KRAs) in India, including CDSL Ventures (CVL-KRA), NSDL (NDML), CAMS-KRA, Karvy-KRA, and DotEx. KYC done with any one KRA is valid across all SEBI-registered intermediaries.

A.CDSL Ventures Limited (CVL)

B.CERSAI

C.KRA (KYC Registration Agency) — multiple agencies [✓ Correct]

D.NSDL Database Management Limited (NDML)

EXPLANATION

There are multiple SEBI-registered KYC Registration Agencies (KRAs) in India, including CDSL Ventures (CVL-KRA), NSDL (NDML), CAMS-KRA, Karvy-KRA, and DotEx. KYC done with any one KRA is valid across all SEBI-registered intermediaries.

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