SEBI Overhauls Portfolio Manager Norms, Expands Investment Options
SEBI Chairman Tuhin Kanta Pandey announced a major overhaul of portfolio manager norms to widen investment options in Indian markets. He emphasized that Indian markets are not vulnerable despite global uncertainties. SEBI is also streamlining the onboarding process for foreign portfolio investors but has no plans for exchange interoperability. The PMS industry is growing over 20% annually, and SEBI rules out self-listing of stock exchanges.
ET Now·12h ago



