Sebi Amends FPI Registration Rules; Here’s What NRIs, OCIs Need To Know
The new rule requires that NRIs, overseas citizens of India and resident Indians should not be in control of the applicant FPI. Sebi tweaked guidelines for registration of FPIs pertaining to NRIs, overseas citizens of India and resident Indians as participant of such foreign investors Sebi has tweaked the guidelines for registration of Foreign Portfolio … Read more
