SEBI tightens norms for FIIs

PUBLISHED ON: July 3, 2006

   
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Market regulator SEBI is busy tightening norms to ensure only serious players stay in the Indian markets. The latest move is to hike registration fees for FIIs, which has been doubled to $10,000. Fees for FII sub-accounts has gone up to $2000 dollars from the current $1000.
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