SEBI approved 100% contribution by NRIs, OCIs, RIs in IFSC based FPIs. IFSCA circular provides two alternative routes for NRI/OCI participation in Indian securities. The relaxation aims to boost Indian capital markets and requires detailed disclosures of FPI constituents.
SEBI mulls boosting NRI/ OCI participation in IFSC-based FPIs. Details here
livemint.com - 10 Jun 2024 07:34
SEBI approved 100% contribution by NRIs, OCIs, RIs in IFSC based FPIs. IFSCA circular provides two alternative routes for NRI/OCI participation in Indian securities. The relaxation aims to boost Indian capital markets and requires detailed disclosures of FPI constituents.
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