While current FPI onboarding can take anywhere from 30 days to six
months, Ranjit Jha, managing director and chief executive officer of Rurash
Financials, expects the new portal’s end-to-end digital workflow to
compress this to just 7-10 days. This reduction in “regulatory friction”
lowers operational overheads for investors.
“This strengthens India’s competitive positioning relative to other emerging
markets and is poised to attract deeper, more durable capital inflows
across equity, debt, and alternative asset classes,” Jha said.
Read the Full article at – https://www.livemint.com/market/sebi-new-fpi-inflows-foreign-portfolio-investor-rules-funds-swagat-fi-reforms-rbi/amp-11758015869473.html?articleno=1