SEBI has permitted registered intermediaries in the securities market to use the ‘e-KYC Setu System’ developed by the National Payments Corporation of India (NPCI) for Aadhaar- based electronic Know Your Customer (e- KYC) authentication. Previously, intermediaries relied on e-KYC services provided by the Unique Identification Authority of India (UIDAI), either through the KYC User Agency (KUA/Sub-KUA) mechanism or via Digilocker. The new facility offers an additional option, enabling digital KYC through the NPCI- UIDAI integrated system.