Bigger India
Sebi Brings In Single Regime For FPI, NRI And PIO Investors
The regulator has relaxed its norms for clubbing of investment limits by well regulated foreign investors.
Markets regulator Sebi has come out with rules for merger of foreign portfolio investment (FPI) and non-resident Indian/overseas citizens of India routes to bring in a single regime for foreign investors and regulate NRI and person of Indian Origin fund inflows.