India’s Securities and Exchange Board (SEBI) has published a consultation paper seeking responses from the public on proposed guidelines on additional public disclosures by foreign portfolio investors with INR250bn ($3.7bn) of assets under management in equity. SEBI estimates that high-risk FPI assets under management of around INR2.6tn ($38.3bn), about 6% of total FPI equity AUM and less than 1% of India’s total equity market capitalisation, may be affected by the proposed regulations.
NaBFID eyes tieups with multilateral funding agencies
The National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended finance to boost sustainable urban infrastructure development