Non-resident investment permits specified long-term investors to purchase securities and eligible foreign entities to access commodity derivatives. Investment by other non-resident investors permits specified long-term investors, including sovereign wealth funds, multilateral agencies, endowment ... Summary
Referred In :
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019
Non-resident investment permits specified long-term investors to purchase securities and eligible foreign entities to access commodity derivatives.
Investment by other non-resident investors permits specified long-term investors, including sovereign wealth funds, multilateral agencies, endowment funds, insurance funds, pension funds and foreign central banks, to purchase securities subject to Reserve Bank and SEBI conditions. Eligible Foreign Entities with actual exposure to the Indian physical commodity market may participate in domestic commodity derivative markets under the SEBI framework. The Reserve Bank prescribes payment modes and conditions for remittance of sale or maturity proceeds.
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