Department of Economic Affairs, Ministry of Finance is organizing two interactive meetings with Foreign Portfolio Investors (FPIs) and domestic financial market participants in New Delhi as part of Government’s endeavor to improve ease of doing business in financial markets. The meeting with FPIs is scheduled to be held tomorrow, Tuesday, 20th October 2015. The meeting with domestic financial market participants and stock exchanges will be held on 21 October, 2015. The meetings would also be attended by representatives of RBI, SEBI and CBDT among others.

 The meeting with FPIs would include discussion on (i) simplifying the procedures and documentation for registration of FPIs, (ii) development of Fund Management Industry in India, and (ii) FPI investment in Corporate Bond Market. The meeting with domestic market participants would include discussion on (i) integration of various segments of the market, (ii) increasing retail participation and (iii) deepening of corporate bond market. Foreign investors and domestic market participants would raise various issues of interest to them as part of this consultation exercise.

Ease of doing business in financial markets promoted through consultations with FPIs and domestic participants on market reforms. The Ministry of Finance is holding consultations with FPIs and domestic market participants, attended by financial and revenue regulators, to promote ease of doing business in financial markets. The FPI agenda covers simplification of registration procedures and documentation, development of the fund management industry, and FPI investment in the corporate bond market. The domestic agenda addresses market integration, increasing retail participation, and deepening the corporate bond market, with stakeholders invited to raise issues for consideration.