Department of Economic Affairs, Ministry of Finance is organizing two interactive meetings with Foreign Portfolio Investors (FPIs) and domestic financial market participants in New Delhi as part of Government’s endeavor to improve ease of doing business in financial markets. The meeting with FPIs is scheduled to be held tomorrow, Tuesday, 20th October 2015. The meeting with domestic financial market participants and stock exchanges will be held on 21 October, 2015. The meetings would also be attended by representatives of RBI, SEBI and CBDT among others.
The meeting with FPIs would include discussion on (i) simplifying the procedures and documentation for registration of FPIs, (ii) development of Fund Management Industry in India, and (ii) FPI investment in Corporate Bond Market. The meeting with domestic market participants would include discussion on (i) integration of various segments of the market, (ii) increasing retail participation and (iii) deepening of corporate bond market. Foreign investors and domestic market participants would raise various issues of interest to them as part of this consultation exercise.