KYC Registration Agency
Regulation & taxAlso called: KRA
A SEBI-registered agency that holds an investor’s KYC record centrally, keyed on the PAN, and shares it with other intermediaries.
In plain terms
Five of them share records between themselves, which is why a second broker did not put you through the whole process again — and why one deficient record can block a fresh purchase everywhere at once. The status is free to check with nothing but a PAN.