QFIs Allowed Direct Investment in Equity Mkts

Tweet

Published on Wed, Jan 04,2012 | 19:32, Updated at Wed, Jan 04 at 19:35Source : Moneycontrol.com 

This E&Y alert summarizes the recent move by the Finance Ministry to allow QFIs to directly invest in Indian equity markets in order to widen the class of investors, attract more foreign funds, reduce market volatility and to deepen the Indian capital market.

Click on attachment for more details.