Economic TimesLean R·
Foreign investors may bet big on Indian stocks after regulatory clarity emerges
Mumbai: India's move to allow foreign individuals to invest directly in listed companies is expected to eventually widen the pool of overseas capital on Dalal Street, though inflows are likely to remain a trickle initially as banks, regulators and market intermediaries work through operational, tax and compliance complexities.The RBI on Monday allowed all foreign individual investors to invest in listed Indian companies with immediate effect. The measure is expected to reduce dependence on fore…
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