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Appointment of domestic custodian.

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Full Text of the Document

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....n behalf of the Foreign Institutional Investor, shall enter into an agreement with a domestic custodian to act as custodian of securities for the Foreign Institutional Investor. (2) The Foreign Institutional Investor shall ensure that the domestic custodian takes steps for - (a) monitoring of investments of the Foreign Institutional Investor in India; (b) reporting to the Board on a daily....