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Nirmala Sitharaman urges unified KYC system and orders Sebi to lead security overhaul
Economy
Published on 25 April 2026
Sebi must tackle AI misuse and rising cyber threats
Finance Minister Nirmala Sitharaman has called for a unified know-your-customer framework across India’s financial sector, asking SEBI to lead the effort. She also pressed SEBI to prepare for future risks, warning about AI misuse and growing cyber threats. The government’s goal: stronger cyber defenses to protect market stability and public trust.
- Sitharaman wants a single unified KYC system for all finance players
- SEBI has been asked to lead the initiative
- Future risks flagged include AI misuse and cyber threats
- Cyber defenses are seen as vital for market stability and trust
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times