In FY19, inflows through the FDI route amounted to $62 billion, central bank data showed.
In case of simple violations, average settlement fee has gone up to ₹5 lakh from ₹2 lakh.
Client code is a unique identifier a broker assigns to clients, and this code is mapped to the investor’s PAN and demat account.
FPIs are mainly concerned about categorisation of all types of financial information as sensitive data under the new law.
The regulator is also planning to carve out a special department to supervise the compliance of market entities.
“Permitted to Trade” category allows a public company to trade on an exchange where it is not listed.
More than a dozen such companies have listed their stocks for secondary market trading this year.
Wealthy investors continue paying higher surcharge on gains made from derivative and bond market trades.
LIC and IDBI Bank both held stakes in NSE, but LIC’s holding was outside this rule.
The govt plans to appoint a high-level committee to look into merging the NRI and FPI routes.
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