From The Tribune
Center Owned by The Tribune TrustSEBI allows investors, FPIs to trade up to USD 5 million in rupee derivatives without underlying exposure
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center · 2 outlets
The Securities and Exchange Board of India (SEBI) has relaxed the know-your-customer (KYC) and onboarding requirements for overseas individual investors, allowing eligible non-resident clients to complete digital onboarding without being physically present in India.
RSS excerpt
The Securities and Exchange Board of India (SEBI) has revised currency derivatives trading limits, allowing domestic investors and foreign portfolio investors (FPIs) to trade up to USD 5 million in rupee-linked contracts without showing proof of underlying foreign currency exposure.