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China India Sri Lanka Nepal Pakistan Bangladesh Bhutan city Mumbai Burma pandemic Government Department China India Sri Lanka Nepal Pakistan Bangladesh Bhutan city Mumbai Burma

Sebi awaits clarity from Centre on FPI flows from neighbours including China

China India Sri Lanka Nepal Pakistan Bangladesh Bhutan city Mumbai Burma pandemic Government Department
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MUMBAI : The Securities and Exchange Board of India (Sebi) has put on hold its communication to custodians that new funds coming from India's bordering countries, including China, would need the regulator's vetting, as it awaits clarity from the government.

Mint has reviewed these communications. “These decisions have inter-governmental repercussions and are policy decisions which need Indian government's nod.

So, Sebi has put its initial communication into abeyance. A fresh one may be issued once clarity from the government emerges," said a person with direct knowledge of the matter.

Apart from China, the communication also impacts Nepal, Bangladesh, Pakistan, Sri Lanka, Myanmar and Bhutan, even as there is no investment from these

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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