Economy · India
SEBI changes FPI registration fees to rupee-based system
India's securities market regulator, SEBI, has revised the registration fee structure for Foreign Portfolio Investors (FPIs). The regulator has replaced the US dollar-denominated fee with a rupee-based charge, set at Rs 2.3 lakh. This change aims to simplify the process for FPIs and potentially ease borrowing rules for mutual funds.
How outlets across the spectrum covered it
Left 1 · Centre 3 · Right 1 n = 5
- Left (1): The Hindu
- Centre (3): Business Standard, Mathrubhumi English, The Free Press Journal
- Right (1): The Pioneer