Govt says retail investors and trust from West Asia can invest in equities

摘要

The Indian government is to issue a clarification enabling individual investors or trusts form Gulf countries such as Oman, Kuwait, Bahrain, the UAE and Qatar to directly invest in Indian equities. The qualified foreign investor framework (QFIF) that allows retail investors and trusts from other countries to participate in Indian capital markets is restricted to only those countries that are members of the international anti-money laundering body, the Financial Action Task Force, or FATF.