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Sebi approves CAMS KYC registration agency

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The Securities and Exchange Board of India (Sebi) has approved CAMSKRA, a wholly owned subsidiary of (CAMS), to serve as a (KRA). The KRA initiative is aimed to eliminate duplication of KYC efforts which an investor has to undergo while dealing with multiple intermediaries like mutual funds, portfolio management services, private equity funds, brokers and depository participants.

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