Public Policy

India to roll out common customer ID for banks, insurers; mutual funds to follow, sources say

· 24 July 2026 · 2 min read
India to roll out common customer ID for banks, insurers; mutual funds to follow, sources say

The Economic Times has reported a new India-focused policy development: “India to roll out common customer ID for banks, insurers; mutual funds to follow, sources say.” The publisher's feed describes the story as follows: Starting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system designed to simplify the financial product engagement process. Asset managers are expected to come onboard later this year with the Centra

Original reporting by The Economic TimesRead the full story

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