The Securities and Exchange Board of India (Sebi), capital markets regulator, is planning to ease entry norms for overseas investors by allowing direct access to foreign portfolio investors (FPIs) from certain jurisdictions. The move is expected to give a fillip to foreign investment in the country as it would end procedural delays faced by FPIs while registering in India. On the other hand, Sebi is likely to tighten offshore derivatives instruments (ODI) or participatory notes (p-notes) regulations. The announcements were likely to be made after Sebi’s board meeting scheduled ...
Sebi to ease entry norms for FPIs
It may allow direct access for investors from certain countries; decision likely at June 21 meeting
Shrimi Choudhary |