Tuesday, 12 March 2013

KYC Norms for FII (foreign institutional investors) 2013 Latest India



KYC Norms for FII (foreign institutional investors) 2013 Latest India

 KYC Norms for FII (foreign institutional investors) 2013 Latest India

The Finance Minister Chidambaram on Monday said the government wills introduce new KYC Know Your customer norms to FII investments in India.
to attract overseas investments into country so government is planning to implement new KYC (Know Your Customer) norms for foreign institutional investors (FII)
so government will come out with new set of KYC (Know Your Customer) norms for all common KYC across various regularities like Banking, pension, insurance or stocks should be 1 KYC(Know Your Customer)
a  new FII (foreign institutional investors) applies in India then it will go to via due diligence and KYC (Know Your Customer) norms currently 1,756 FII (foreign institutional investors) are registered in India and he said one

FII (foreign institutional investors) registration will take three weeks time for
FII (foreign institutional investors) with SEBI 

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