Friday, January 4, 2019

Sebi tweaks NRI / FPI norms

 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.

Sebi has also exempted housing finance companies and systemically important NBFCs from disclosure of increase or decrease in shareholding due to encumbrance or release of encumbered shares.

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