Sentro Group acquires bank in Russia, eyes rupee-ruble trade"We wish to partner with Indian banks and other financial institutions for mutual Nostro/Vostro accounts, and the bank wants to expand its ...
05 Oct, 2023, 10.31 PM IST
Russian banks plan FPI arms to invest private wealth in IndiaRussian banks, including VTB, Sberbank, and Gazprombank, are considering becoming foreign portfolio investors (FPIs) to trade on Indian sto...
02 Oct, 2023, 07.41 AM IST
3 Russian investors register with Sebi to enter FPI listTwo Russian institutional entities and an individual, all based in Moscow, appear in the list of registered foreign portfolio investors (FP...
08 May, 2023, 05.43 AM IST
Untested rule takes bite out of Zomato IPOReserve Bank of India clarifies that a foreign investor can't be both FPI & FDI in same company
16 Jul, 2021, 04.21 PM IST
India brings UAE FPIs on par with Mauritius, SingaporeMove to make it easier for offshore fund managers trading on Indian exchanges to set up shop in Dubai and Abu Dhabi
11 Feb, 2021, 07.33 AM IST
Buy and Sell: New FPI registrations surge even as incumbents bail outIndia has seen an overall FPI outflow to the tune of 1.43 lakh crore, NSDL data showed.
25 May, 2020, 09.11 AM IST
Sebi renews FPI licence of People’s Bank of ChinaSebi has extended People’s Bank of China’s foreign portfolio investor licence by three years
22 May, 2020, 08.24 AM IST
Chinese central bank checks on licence renewalTo be sure, there are no restrictions on Chinese funds investing in Indian markets through portfolio route. However, custodian banks are he...
21 Apr, 2020, 08.53 AM IST
- FinMin allows Mauritius-based funds to get category-I FPI license
Funds must still pay the STT and capital gains tax on investment gains in Indian assets.
14 Apr, 2020, 09.01 AM IST
Sebi eases registration norms for well-regulated FPIAt present, funds from jurisdictions that are FATF complaint were permitted to get a licence under properly regulated category or Category ...
08 Apr, 2020, 06.37 PM IST
FPIs seeking compliance relaxation from custodiansLocal custodians have received requests seeking compliance relaxations for FPI accounts as investors overseas are working from home.
16 Mar, 2020, 10.44 AM IST
Banks from non-BIS countries now eligible for an FPI licenceIndian regulators have been wary of indirect investment routes.
08 Nov, 2019, 09.53 AM IST
New FPI/FDI classification by Sebi to hit many offshore fundsIn FY19, inflows through the FDI route amounted to $62 billion, central bank data showed.
11 Oct, 2019, 06.20 PM IST
Tweak in classification norms to ease FPIs’ compliance loadThe move comes as the government faces a backlash from several foreign funds.
01 Aug, 2019, 07.49 AM IST
Over 150 overseas investors lose FPI licenceThis is the first time since 2014 there is a net fall in the total number of registered FPIs.
10 Jun, 2019, 08.28 AM IST
Domestic custodians oppose Khan panel’s stand on KYC normCustodians are market institutions that hold and protect securities on behalf of their clients.
29 May, 2019, 08.00 AM IST
FPIs may get easier access to Indian marketsIt currently takes three to four weeks or even longer to grant licences to FPIs.
10 Oct, 2018, 08.39 AM IST