Question
A Foreign Portfolio Investor (FPI) needs to register in
India with SEBI. A DDP grants the certificate to the FPI, on behalf of SEBI. What does DDP stand for?Solution
A Designated Depository Participant (DDP) in India is a SEBI-approved intermediary (like a bank or custodian) that helps to receive and process FPI registration applications and grant registration as an FPI, on behalf of SEBI.
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