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2025-04-22 02:07:26| The Economic Times

SEBI is contemplating allowing foreign individuals to directly invest in Indian stocks, currently accessible via the FPI route. This proposal, still under consideration, aims to broaden the ownership base but faces hurdles like KYC compliance and money laundering risks. While most major markets permit direct foreign retail investment, Indian authorities are proceeding cautiously.

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2025-04-22 02:00:00| The Economic Times

IndusInd Bank has appointed EY to conduct a forensic audit into a 600 crore discrepancy related to interest income in its microfinance portfolio, flagged during the statutory audit. This investigation aims to identify any lapses and determine accountability. It is separate from the ongoing Grant Thornton Bharat probe into forex derivatives portfolio irregularities.

Category: News and Media

2025-04-22 01:54:56| The Economic Times

The NSE Nifty gained 1.2%, or 273.90 points, to finish at 24,125.55. The BSE Sensex moved 1.1%, or 855.30 points, higher at 79,408.50. Both indices have surged up to 6% each in the past five trading sessions.

Category: News and Media

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