General

What is KRA?

KRA stands for KYC Registration Agency.

It is an agency registered with SEBI (Securities and Exchange Board of India) to maintain investors’ KYC records in electronic form.

Key points about KRAs:

a. KRAs are responsible for receiving, storing, safeguarding and retrieving KYC records securely.

b. Once KYC is done with any SEBI-registered intermediary, the information is shared with all other intermediaries through the KRA system — you don’t need to repeat KYC.

c. Major KRAs in India include:

d. CDSL Ventures Ltd (CVL)

e. NSDL Database Management Ltd (NDML)

f. CAMS Investor Services

g. DotEx International Ltd, etc.

h. KRAs help create a single, standardized KYC database accessible to brokers, depository participants, mutual funds, and other regulated entities.

i. This ensures efficiency, avoids duplication, and maintains consistency in customer verification across the securities market.