SEBI is considering measures to make it easier for NRI investors to open brokerage accounts, and Zerodha co-founder Nithin Kamath says the move could significantly reduce onboarding delays. In comments highlighted by NDTV, Kamath supports the proposal, arguing it addresses a major procedural hurdle for NRIs.
The proposal centers on digital onboarding, which would streamline account-opening steps that typically involve time-consuming verification and documentation processes. According to the reporting, Kamath believes digital onboarding could shorten the time required to open NRI accounts from weeks to days.
While the outlet focuses on Kamath’s reaction and the potential impact on NRI investors, the underlying policy context is SEBI’s regulatory role in improving market access. The core differing emphasis across sources is not on whether the change is aimed at speed, but on how strongly the commentary credits the proposal with solving the biggest friction point and how quickly benefits could materialize after implementation.