SEBI constitutes 15-member committee to attract foreign investment; Former Chief Economic Advisor K V Subramanian appointed Chairman

The Securities and Exchange Board of India (SEBI) has constituted an expert group of Foreign Portfolio Investors (FPIs) to boost overseas flows into the country. The FPI Advisory Committee (FAC) will be chaired by former Chief Economic Adviser KV Subramanian and consists of 14 other members representing foreign banks, stock exchanges depositories and RBI. The FAC has been tasked with advising on issues related to investments and operations of FPIs in the financial markets, including measures to ...