New Delhi, Aug. 11 -- India's capital market regulator floated two proposals over the weekend for easing business and capital flows for foreign portfolio investors (FPI).
The Securities and Exchange Board of India proposed the 'Single Window Automatic and Generalised Access for Trusted Foreign Investors' (SWAGAT-FI) for low-risk foreign investors, sovereign pools, and regulated public retail funds.
Its other proposal aims to widen the participation of resident Indians in FPIs. This would be by allowing retail schemes at the International Financial Services Centre (IFSC) with resident Indian sponsors or managers to register as FPIs.
Sebi proposed SWAGAT-FI as a streamlined gateway for objectively low-risk foreign investors to access Ind...
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