 "markets, sebi")
The Securities and Exchange Board of India (Sebi) has refuted global index provider MSCI’s claim of India being a “restrictive” market for offshore investors.
MSCI had, in May, put India on notice for limiting access to investors using offshore platforms. The move came after domestic exchanges snapped licensing and data-sharing arrangements with global bourses to put an end to offshore trading in domestic products.
According to sources, the market regulator has responded to a note floated by MSCI, emphasising upon the initiatives taken by Sebi and the government to improve ease of doing business for overseas investors.
Investors tracking MSCI indices use the
