Kotak AMC
Nilesh Shah, the managing director of Kotak AMC, vented his frustration with the current Know Your Customer (KYC) process on X platform, previously known as Twitter.
“After three decades in Market and filling every form for KYC over the years including Bio Metric Verification(for now abandoned MPIN) my heart pains to receive such e mail. How many times KYC needs to be done? Clearly our KRA agencies / Registrar can do a better job”. 
After complain he also appreciated the efforts undertaken by mutual fund distributors and intermediaries
“Kudos to all Mutual Fund Distributors and Intermediaries who tirelessly keep on updating KYC requirements for their clients. SEBI should direct KRA agencies and the RTAs to do a better job”.
