SEBI proposes INR-based registration fee payment for FPIs, FVCIs to simplify processes

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The Securities and Exchange Board of India (SEBI) on Friday proposed that foreign portfolio investors (FPIs) and foreign venture capital investors (FVCIs) pay registration and related fees in Indian rupees (INR), replacing the existing system of payments in US dollars (USD), according to board meeting documents.

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SEBI proposes INR-based registration fee payment for FPIs, FVCIs to simplify processes

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