Zerodha CEO Nithin Kamath praises SEBI for proposed NRI investing rule change

SEBI has proposed a fully digital onboarding process for non-resident Indians. This move aims to eliminate the need for overseas Indians to be physically present in India. The new proposal will significantly reduce tedious documentation and courier delays for investors. This change is expected to streamline account opening from weeks or months to just a couple of days. Such improvements will encourage more foreign capital inflows into Indian markets.