Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Download
Standard view
Full view
of .
Look up keyword
Like this
102Activity
0 of .
Results for:
No results containing your search query
P. 1
FII in India Sept 09

FII in India Sept 09

Ratings: (0)|Views: 3,419|Likes:
Published by nettravellers
Intro of FIIs in India with stats upto Sept 09
Intro of FIIs in India with stats upto Sept 09

More info:

Published by: nettravellers on Jan 18, 2010
Copyright:Traditional Copyright: All rights reserved

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

01/25/2013

pdf

text

original

 
14
th
September 2009
F
OREIGN
I
NSTITUTIONAL
I
NVESTORS
Report Submitted to Prof C. D. Sreedharan
In partial fulfilment of requirement of 
International Finance
Course
Prepared By
Lopamudra Biswas (307)Manas Jain (324)Nikhil Jain(327)Deepak Kumar(333)Rakshak Lodha(338)Ashit Shetty (355)
 
Foreign Institutional InvestorsSeptember 14, 2009
1
Table of Contents
Introduction...................................................................................................................................................2Differences between FII & FDI....................................................................................................................3Types of FIIs.................................................................................................................................................4Eligibility criteriafor applicant seeking FII registration...............................................................................9FII Regulations............................................................................................................................................11Offshore Derivatives Instruments (Participatory Notes).............................................................................16Double Taxation Avoidance Agreement (DTAA)......................................................................................20Advantages and Disadvantages of FIIs.......................................................................................................23Trends in FIIs..............................................................................................................................................25Recent Developments.................................................................................................................................30Recommendations.......................................................................................................................................33References...................................................................................................................................................34
 
Foreign Institutional InvestorsSeptember 14, 2009
2
Introduction
The economic landscape of Indiaunderwent a paradigm change when the economywasliberalized in 1991. It also laid thefoundation for a strong regulatory network. Indiawitnessed stellar economic performance through the period 2003-09 .This wasmanifestedthrough an average 8.5 –9 percent GDP growth rates, rising domestic savings and investmentlevels and the amount of foreign capital flowing into the country.Foreign investments can any of the three forms:
Portfolio investments in Indian companies Foreign Institutional Investor (“FII”)route –essentially entailing transactions executed on stock exchanges in India;
Direct investment into Indian companies Foreign Direct Investment –(“FDI”) route;
Private Equity investments –Foreign Venture Capital Investor (“FVCI”) routeForeign Institutional Investors have been a major source of funds into the Indian CapitalMarkets in the past few years. Foreign Institutional Investors are defined under SEBIRegulations as “
an institution that is a legal entity established or incorporated outside India proposing to make investments in India only in securities
.” Foreign institutional investorsalso include domestic asset management companies or domestic portfolio managers whomanage funds raised or collected or bought from outside India for the purposeof makinginvestment in India on behalf of foreign corporate or foreign individuals.These investments are governed by the Securities and Exchange Board of India (ForeignInstitutional Investors) Regulations, 1995. Potential investors also have to get approval fromthe Reserve Bank of India to operate foreign currency accounts to bring in and take out fundsand rupee bank accounts to pay for transactions.The Reserve Bank of India also regulates the activities of FIIs, through exchange controlregulations.

Activity (102)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
prashandipkher liked this
Mithun Dey liked this
neetamoni liked this
Pranjal Chopda liked this
pentesh liked this
poojapise liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->