Branch2 Intelligence
SEBI plans shift to INR-denominated fees for FPI, FVCI
Key takeaway
SEBI shifts FPI/FVCI registration fees to INR, eliminating manual reconciliation and currency conversion costs.
- Step 11st-order: SEBI mandates INR-denominated fees for FPIs/FVCIs, eliminating currency conversion and manual reconciliation.
- Step 22nd-order: Reduced operational friction lowers the cost of investing in India, potentially increasing foreign capital inflows.
- Step 33rd-order: Higher foreign inflows support Indian equity valuations and reduce cost of capital for Indian companies.
Source: IN:The Hindu BusinessLine
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