Sebi proposes to relax cash settlement norms for foreign investors to reduce financing costs

Capital markets regulator Sebi has proposed allowing foreign portfolio investors (FPIs) to offset their cash liabilities for stock market transactions, a move aimed at improving operational efficiency and reducing financing costs, especially during high-volume trading days such as index rebalancing.In a consultation paper published on January 16, Sebi said the current settlement framework requires FPIs […]