SEBI amends Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors

SEBI vide circular dated June 21, 2022 has amended the Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors issued on November 05, 2019. In order to facilitate faster confirmation of remittances by the intermediaries, necessary arrangements have been made for foreign inward remittances in ICICI Bank account in Bandra Kurla Complex, Bandra (East).

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