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RBI proposes foreign investors hold securities in demat- (Reserve Bank of India) (09 May 2016)

MANU/RPRL/0132/2016

Banking

The Reserve Bank of India proposed requiring foreign investment by non-residents in debt, equity and securities be made only in dematerialised form.

If put in place the overall effect should be of bringing transparency, with easier regulatory compliance and facilitating regulatory monitoring. Comments on the proposals are being received till 25 May 2016.

Tags : DEMAT FOREIGN INVESTOR TRANSPARENCY

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