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P-note investments hit 4-month low of Rs 1.68 lakh crore in April

P-note investments hit 4-month low of Rs 1.68 lakh crore in April

Investments in domestic capital markets through participatory notes fell to a four-month low of Rs 1.68 lakh crore at the end of April amid stringent norms put in place by Sebi to curb the inflow of illicit funds.

Sebi issues stricter KYC, disclosure regime for P-Notes

Sebi issues stricter KYC, disclosure regime for P-Notes

Markets regulator Sebi today put in place a stricter KYC and disclosure regime for Participatory Notes to make it tougher to use these offshore instruments without disclosing the money-trail and details of their users.

RBI tightens hedging norms for FIIs

FII must have a mandate from the P-Note or Offshore Derivative Instrument holder for the purpose (of hedging), RBI said in a notification.

P-Note investors pull out Rs 1 trillion from India

As a result, the quantum of money invested through these P-Notes has hit its rock-bottom levels of just about 10 percent of total FII (foreign institutional investment) holdings -- which used to be more than 50 percent a few years ago.