<h1>Government Official Calls for Unified KYC System to Enhance Transparency in India's Financial Markets and Protect Investors.</h1> A government official emphasized the need for a unified KYC system for stock brokers, mutual funds, and depositories to enhance transparency and integrity in India's financial markets. Addressing a National Stock Exchange event, the official highlighted India's global reputation for handling large trade volumes and the importance of capital markets in economic growth. The official called for financial literacy, product simplicity, and adherence to international best practices to protect small investors and boost market participation. The goal is to transform India into a developed nation with a robust securities market, aligning with the Prime Minister's vision for economic growth.