Sebi Says Non-Resident Indians Not Allowed to Invest in ODIs
Source: BFW (Bloomberg First Word)
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SEBI IN (Securities & Exchange Board of India)
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(Bloomberg) -- Clarifies on media report of NRI’s using Offshore Derivative Instruments to invest in India; report factually incorrect, Sebi says via statement on website.
Alert: HALISTER1- Not received any complaint, evidence with regard to money laundering via ODIs
- Says other authorities, investigating agencies also not provided any evidence related to matter
- Sebi statement Link
Source: BFW (Bloomberg First Word)
Tickers
SEBI IN (Securities & Exchange Board of India)
To de-activate this alert, click here
UUID: 7947283