New Delhi, Feb. 3 -- India's market regulator plans to sharply cut the registration timeline for foreign portfolio investors, Securities and Exchange Board of India chief Tuhin Kanta Pandey said.

"The idea is that we should take five days. Currently, we are talking about 30 days. But people's impression is that it takes a few months," Pandey said in an interview with Mint.

To further attract FPIs, Sebi has been holding webinars to tutor them on entering the Indian markets to make their onboarding smoother and faster. About 2,000 FPIs have been part of such webinars conducted by Sebi officers, Pandey said.

The regulator wants to make the Indian capital market more attractive for foreign investors as factors such as high valuations and w...