Indian market regulator Sebi relaxes FPI rules, share buyback norms

Indian market regulator Sebi relaxes FPI rules, share buyback norms

Photo: Mint

The markets regulator on Wednesday eased the regulatory and compliance framework for foreign portfolio investors (FPI) by broad-basing their classification, and simplifying their registration, entry and know-your-customer (KYC) norms in a bid to boost investments.