Sebi increases scrutiny of FPIs from 11 Asian countries1 min read 17 Apr 2020, 11:03 AM IST
Sebi sent its third communication of the week to custodians, seeking details of FPIs which have beneficiaries in Mongolia, Pakistan, Bhutan, Nepal, Afghanistan, Bangladesh, Myanmar, Taiwan, North Korea, Yemen and Iran
Mumbai: The Securities and Exchange Board of India (Sebi) on Friday intensified its scrutiny of foreign portfolio investors (FPIs) from Asian countries in the wake of fears that Chinese investors could be investing in India's blue-chip stocks at cheap valuations through indirect routes.
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