Mumbai, March 25 -- India's markets regulator has relaxed its rules for foreign investors, alternative investment funds, and registered investment advisors amid increasing cash equity market trading volumes. At the same time, the Securities and Exchange Board of India (Sebi) will also review several provisions relating to conflict of interest and related matters pertaining to its members and officials.
In its first board meeting under new chairman Tuhin Kanta Pandey on Monday, Sebi increased the investment threshold for granular ownership disclosures by foreign portfolio investors (FPIs) from Rs.25,000 crore to Rs.50,000 crore.
Sebi on Monday also permitted Category II alternative investment funds (AIFs) to invest a larger portion of thei...