You are here: Home » Markets » News
Business Standard

Sebi eases FPI norms: Here are the key takeaways from the meeting

Sebi said FPIs would no longer be required to meet the 'broad-basing' criteria, under which at least 20 investors were required to establish a fund. Listen to this podcast for more

BS Web Team  |  New Delhi 

The Securities and Exchange Board of India (Sebi) on Wednesday eased the regulatory and compliance framework for foreign portfolio investors (FPI) in a bid to boost investments and expedite the registration process for

also simplified KYC requirements for them and permitted them to carry out off-market transfer of securities. This is a much-needed boost to the FPI route, which had been languishing on account of multiple issues in the past few months

However, the easing of comes at a time when overseas investors have pulled out over $3 billion from the domestic since the Union Budget. Listen to this podcast for more

First Published: Thu, August 22 2019. 14:04 IST