Sebi eases FPI onboarding by allowing digitally signed Power of Attorney

The Securities and Exchange Board of India, Sebi, has made it easier for foreign investors to start doing business in the country by allowing them to use digitally signed documents instead of traditional paper ones. This change will save time and money for overseas investors, who previously had to go through a lengthy process of notarization and consularization. As a result, foreign portfolio investors will find it simpler to invest in India's markets, which could lead to increased foreign investment and economic growth.

Why it matters

Sebi's decision to allow digitally signed power of attorney documents will make it easier for foreign investors to invest in India. This could lead to increased foreign investment and higher stock prices.

Market impact

Transmission channels

Likely winners & losers

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