Start learning 50% faster. Sign in now
According to the National Stock Depository (NSDL), Sberbank of Russia has become the first Russian bank to register with the SEBI as a foreign portfolio investor (FPI). FPIs with category I licence have to follow less lenient beneficial ownership disclosures, can subscribe to overseas derivative instruments which have Indian stocks as underlying and also enjoy certain taxation benefits. Category I FPI registration is only granted to government or government related foreign investors or regulated entities such as banks, sovereign wealth funds, investment trusts, pension funds, asset management companies. Sberbank’s registration takes the total number of Russia-based FPIs in India to five, with all others being non-banks. Till now, Alfa Capital Management, First Asset Management, Igor Noskov, and Vesvolod Rozanov have been granted FPI registrations.Â
Negative lien means
Key advantages of financing through debentures and bonds are?
The entity willing to act as a Qualified Supplied-Limited Purpose Trading Member (QS-LPTM) on a Bullion Exchange shall be required to have net worth of ...
The Annual Financial Statement (AFS) also know as Budget is provided under which of the following Article of Indian Constitution?
What   was   the   gross   fiscal   deficit   (as   a   percentage   of   GDP)   for   the   central   governm...
How much cash payment can be made to the beneficiary in India under MTSS?
Which city leads the FinTech rankings in GFCI 35?
The headquarters of the European Investment Bank are situated in –
FIFP is the new online single point interface of the Government of India for investors to facilitate Foreign Direct Investment, what is the full form of...
'Recognition of Prior Learning Scheme' is sometimes mentioned in the news with reference to (2017)