AI-powered Central KYC announced in Budget 2025: Here are key upgrades
By
Binu Mathew
In a bid to streamline financial transactions and enhance ease of doing business, the Union Budget 2025 has introduced a revamped Central KYC (Know Your Customer) registry, set to roll out this year. The new framework aims to simplify and standardise KYC procedures across the financial sector, reducing bureaucratic hurdles and ensuring greater security and efficiency.
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