01-Feb-2026      12:03

Individuals residing abroad to be permitted equity investments in listed Indian firms: FM

Finance Minister Nirmala Sitharaman said individual persons residing outside India (PROI) will be permitted equity investments in listed Indian companies through a portfolio investment scheme. She also proposed raising investment limit for PROIs to 10 per cent from 5 per cent. The finance minister also proposed making framework with suitable access to funds and derivatives on corporate bond indices.

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