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The Hindu·3 min read·medium

Sebi amends registration fee rule for FPIs; directs payment in rupee terms

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Sebi amends registration fee rule for FPIs; directs payment in rupee terms
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The Securities and Exchange Board of India (Sebi) has mandated that Foreign Portfolio Investors (FPIs) pay registration fees in Indian Rupees rather than U.S. Dollars. This policy change, effective in six months, also updates application forms to include birth or incorporation dates for better PAN allotment.

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Markets regulator Sebi has replaced the existing U.S. dollar-denominated registration fee for Foreign Portfolio Investors (FPIs) with a rupee-based fee structure.

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Sebi amends registration fee rule for FPIs; directs payment in rupee terms — Headlinne — headlinne