Meanwhile, the markets have taken a somewhat dim view already about businesses associated with rural demand or associated with monsoon and have kind of been punished in the recent weeks, given certain initial indications.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India