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P-note investments hit 4-month high at Rs 1.78 lakh crore in March

The quantum of FPI investments via P-notes remain unchanged at 6.6 per cent in March

Press Trust of India  |  New Delhi 

Investments in domestic capital markets via participatory notes (P-notes) have surprisingly surged to 4-month high of Rs 1.78 lakh crore at the end of March despite stringent norms put in place by Sebi to curb inflow of illicit funds. P-notes are issued by registered Foreign Portfolio Investors to overseas investors who wish to be a part of the Indian stock markets without registering themselves directly. They however need to go through a proper due diligence process. According to Sebi data, total value of P-note investments in Indian markets -- equity, debt and derivatives -- ...

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First Published: Thu, April 20 2017. 13:56 IST
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