India's first fully digital FPI license

• India's first fully digital FPI license has been issued by Kotak Mahindra Bank.

• Kotak Mahindra Bank has achieved a new milestone in India's financial sector.

• It has issued a Foreign Portfolio Investor license through a completely digital process.

• The bank is the first custodian in the country to do so.

• The entire FPI account opening process was completed online.

• Electronic signatures were used at every step and no physical documents were required from investors.

• Kotak Mahindra Bank has already issued two FPI licenses.

• Both licenses were granted solely through digitally signed documents.