SEBI mulls boosting NRI/ OCI participation in IFSC-based FPIs. Details here
The current FPI regulations issued by SEBI states that NRIs or OCIs or RIs may be constituents of the FPI, however, the contribution of a single NRI or OCI or RI shall be below 25% of the total contribution in the corpus of the FPI and the aggregate contribution of NRIs, OCIs and RIs shall … Read more