Finsec

Finsec

Foreign Portfolio Investors (FPIs) under the Chandrashekhar Committee Report

In an attempt to further simplify the foreign investment regulatory regime in India, the K B Chandrasekhar Committee has, inter alia, suggested the clubbing of Foreign Institutional Investors (FIIs), subaccounts and Qualified Financial Investors (QFIs) into a single investor class called “Foreign Portfolio Investors” (FPIs). The Non-Resident Indian (NRI) and the Foreign Venture Capital Investor…

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