The Legal Entity Identifier (LEI) is a simple 20-digit code that gives every business a unique global identity. In India, companies need applicability of LEI if they make high-value payments, deal in cross-border transactions, or fall under RBI-regulated activities. It helps bring clarity to financial transactions and reduces the risk of fraud. SKMC Global takes the hassle out of the ... https://www.skmcglobal.com/blog/legal-entity-identifier-lei-purpose-and-applicability-in-india