Page-2 of FII
RBI permits foreign buyers to invest in South Indian Bank
The Reserve Bank of India (RBI) has given its permission to foreign investors to buy shares in South Indian Bank. The restrictions placed on the purchase of shares of the South India Bank are withdrawn with immediate effect. At this ..
Month: Current Affairs - January, 2014
FII inflow in Indian equities reaches Rs 1.13 lakh crore
The Foreign Institutional Investors (FIIs) are figured to have made a net inflow of over Rs. 1.13 lakh crore in the Indian equity market in 2013. At gross level, FIIs purchased stocks worth Rs 7.96 lakh crore in 2013 and ..
Month: Current Affairs - January, 2014
SEBI made fund-raising easier for corporate India and tightened noose on fraudsters
In order to raise funds easier for companies through genuine equity or debt offers, the market regulator SEBI approved new norms for its search and seizure operations, settlement proceedings, refund to investors and crackdown on illicit money-pooling schemes. The measures ..
Month: Current Affairs - December, 2013
SEBI: Foreign portfolio investors will be treated on par with FIIs on tax issues
In consultation with the Finance Ministry, Securities and Exchange Board of India (SEBI) decided to treat the three categories of Financial Portfolio Investors (FPIs) uniformly for tax purposes. In other words, the new rule aims to bring all foreign investors ..
Month: Current Affairs - December, 2013
Investments by FIIs' in stock market cross Rs 1 lakh crore mark in 2013
Foreign Institutional Investors (FIIs) equity investments in the Indian stock market have crossed Rs 1 lakh crore so far in 2013, while inflows are likely to boost up further after state assembly poll results have improved the probability of a ..
SEBI merges FIIs and QFIs into new FPIs category
Stock market regulator, the Securities Exchange Board of India (SEBI) announced Foreign Portfolio Investor (FPI) regulations aimed at wooing foreign investors. SEBI, through these new rules, intends to ease the registration process and operating framework for foreign investors. Under FPIs, ..
Month: Current Affairs - October, 2013
GoI appoints panel to define FDI and FII
Government of India set up a four member committee headed by Arvind Mayaram, Economic Affairs Secretary to clear the ambiguity between Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII). The panel will look into the difference between them and ..
Month: Current Affairs - October, 2013
Category: Awards, Honours & Persons in News
Current Account Deficit (CAD) in Q1 surges to $21.8 billion
As per the Reserve Bank of India (RBI), India’s Current Account Deficit (CAD) for the first quarter ended June 2013 has widened to 4.9% of Gross Domestic Product (GDP) compared to 4% in the same period of the previous financial ..
Month: Current Affairs - October, 2013
Category: India Nation & States Current Affairs