BOMBAY(PTI): The Securities and Exchange Board of India (SEBI) has granted registration to nine more Foreign Institutional Investors (FIIs),
With the Reserve Bank of India also granting general Permission under Foreign Exchange Regulation Act (FERA) to these FIIS, the total number of registered FIS Stood at 31,
As many as 30 applications were received from FHS by SEBI since the end of April,1993, bringing the total number of applications received to 82. Of these, 31 have already been registered, The remaining applications are at various stages of Processing and a Substantial number of these applications are likely to be Cleared) shortly, the SEBI stated.
Article extracted from this publication >> June 11, 1993
