CS Professional · Strategic Management and Corporate Finance · Foreign Funding - Institutions
Under the SEBI (Foreign Portfolio Investors) Regulations, 2019, which of the following is the regulator-recognised intermediary through whom an overseas investor obtains FPI registration in India?
An overseas investor obtains FPI registration through a Designated Depository Participant, which grants registration on behalf of SEBI under the FPI Regulations, 2019. Merchant bankers and registrars perform issue-related and record-keeping roles, not FPI registration.
- ADesignated Depository Participant (DDP)Correct
- BMerchant banker to the issue
- CRegistrar and Share Transfer Agent
- DStock exchange clearing member only
Explanation
Applications for FPI registration are made to a Designated Depository Participant, which grants registration on behalf of SEBI. Merchant bankers and RTAs handle issue management and share records, not FPI registration.
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