The current imbroglio on international funds (the freeze on inflows by mutual fund houses that invest your money abroad due to exhaustion of Reserve Bank of India limits) has gone on for a bit too long. Although a limited, albeit temporary, window opened last month when the capital market regulator, Securities and Exchange Board of India allowed funds to open their doors, only if they have sold any foreign securities, this was a small and limited window.
Solving the KYC mess: 5 steps that SEBI has taken to make things easy
Read More
