Strict Kyc Rules Hit Nri Equity Investments
Economic Times
At a time when foreign deposits into Indian banks are dominating policy conversations, investments by non-resident Indians (NRIs) into Indian stock markets have also slowed down, data from the...
At a time when foreign deposits into Indian banks are dominating policy conversations, investments by non-resident Indians (NRIs) into Indian stock markets have also slowed down, data from the central depositories showed.While larger geopolitical uncertainties coupled with the underperformance of the Indian markets have played a critical role in this slowdown, stringent and cumbersome know your customer (KYC) regulatory guidelines pertaining to