Bigger India

India’s SEBI Relaxes Foreign Fund Rules For Non-residents

The Securities and Exchange Board of India (SEBI) said it accepted the recommendations by a panel it had set up to review the rules for foreign portfolio investments.

India’s market regulator on Friday relaxed norms on foreign investments by Indians based abroad after concerns over stricter regulations rattled markets earlier this month.

The Securities and Exchange Board of India (SEBI) said it accepted the recommendations by a panel it had set up to review the rules for foreign portfolio investments.

Read it at Zawya

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