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    <title>Procedures for Foreign Portfolio Investors Simplified-Several Measures Announced to Strengthen Capital Markets</title>
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    <description>Registration and KYC for non-resident portfolio investors are to be unified under depository participants and SEBI with converged norms; investor classification by stake is clarified to distinguish portfolio investment from direct investment. Portfolio investors are permitted to access exchange-traded currency derivatives within their domestic exposure and may use investments in corporate bonds and government securities as collateral to meet margin requirements. SEBI will also set recognition criteria for angel investor pools as Category I venture funds, and exchanges may create debt segments with broadened eligible investments for pension and provident funds.</description>
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