INDIA: Government to permit India QFIs to directly invest in the stock market

Friday November 18 2011

It is being reported that the Indian Government is considering allowing India Qualified Foreign Investors to directly invest in the stock market. Under the current regulations only persons with a minimum net worth of $50 Million USD and registered as a sub-account of Foreign Institutional Investors (FIIs) are permitted to directly invest in the stock market.This information will be updated as further details become available.