DoP & AMFI Ink KYC Partnership

  Published 1 year ago

India Post and AMFI sign MoU to simplify KYC for over 24 crore mutual fund investors via 1.64 lakh post offices.

  • Streamlined KYC aims to support 9.7 million new investors annually, boosting financial inclusion across India’s vast network.
  • DoP to collect documents and verify KYC, ensuring compliance for the growing mutual fund investor base via KRAs.
  • AMFI facilitates smooth onboarding for all member AMCs, enhancing operational efficiency and investor experience nationwide.

You might like these

Union Bank Q1 Profit Rises 12%

Hindalco Q4 Net Profit Soars 66% to ₹5,283 Cr on Strong Revenue Growth

Cupid Limited FY25: Mixed Results & Future Outlook

PFC Q1 Profit Jumps 26%, Dividend Declared

India at BRICS: Energy Security & Global Cooperation

Tata Charity Arm Faces Dispute

RailTel Q2 FY26 Profit Up 12%

News that matters the most ⚡