Sale proceeds available to FPIs on settlement day: Sebi
The Free Press Journal|October 17, 2024
To boost operational efficiency and respond to concerns raised by Foreign Portfolio Investors (FPIs), Sebi on Wednesday said it has introduced measures to speed up the availability of sale proceeds for such investors, bringing them on par with domestic institutional investors.

It is broadly estimated that efficiency gains on account of this measure would be around Rs 2,000 crore per annum.

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