SEBI Unveils Reforms to Improve FPI Experience

The Securities and Exchange Board of India (SEBI) is working on a series of reforms aimed at improving the experience of foreign portfolio investors FPIs. Speaking at an event in Mumbai today, SEBI Chairman Tuhin Kanta Pandey said the regulator is working on building a best-in-class entry and operating environment for global investors. Stating that foreign investors remain central to Indian markets, Mr. Pandey said FPIs hold 17 percent of country's listed equity market, with total assets reachin...