Participatory notes

Investment through P-notes rises to Rs 79,513 cr till December-end

Of the total investments made till last month, P-note holdings in equities were at Rs 56,747 crore, while the remaining was in debt and derivatives markets.

Jan 23, 2019, 17:06 PM IST

Investment in P-notes rises to Rs 84,647 crore by Aug-end

Prior to this, an increase in investment was seen in October 2017, when the cumulative value of such fund infusion rose to Rs 1,31,006 crore from Rs 1,22,684 crore in September-end.

Oct 08, 2018, 15:56 PM IST

P-note investments dip to over 9-year low at May-end

P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock markets without registering themselves directly.

Jun 25, 2018, 13:34 PM IST

P-note investments dip to 9-year low of Rs 1 lakh crore

This is the lowest level since June 2009 when the cumulative value of such investments stood at Rs 97,885 crore.

May 16, 2018, 12:57 PM IST

Sebi proposes relaxed entry norms for FPIs to shun PNote route

Regulator Sebi on Wednesday proposed relaxed entry norms for foreign portfolio investors (FPIs) willing to invest directly in Indian markets rather than through participatory notes.

Jun 28, 2017, 18:43 PM IST

Sebi to levy fee on P-Notes, bars speculative issuance

Markets regulator Sebi on Wednesday tightened P-Note norms by levying a fee of USD 1,000 on each instrument and barred their issuance for speculative purposes to check any misuse for channelising black money.

Jun 21, 2017, 19:17 PM IST

P-note investments hit 4-month high of Rs 1.78 lakh crore in March

Investments in domestic capital markets via participatory notes (P-notes) have surprisingly surged to 4-month high of Rs 1.78 lakh crore at the end of March despite stringent norms put in place by Sebi to curb inflow of illicit funds.

Apr 20, 2017, 13:59 PM IST

P-notes investment drops to Rs 1.70 lakh crore at February-end

Investments in domestic capital markets through participatory notes (P-notes) declined to Rs 1.70 lakh crore at the end of February from the preceding month.

Mar 30, 2017, 13:28 PM IST

P-note investment climbs to Rs 1.75 lakh crore at Jan-end

Investments in domestic capital markets through participatory notes (P-notes) rose to Rs 1.75 lakh crore at the end of January, after hitting a 43-month low in the preceding month.

Mar 15, 2017, 13:59 PM IST

HSBC, UBS stop issuing P-Notes as India steps up clampdown

A number of foreign investors including HSBC and UBS have stopped issuing controversy-ridden P-Notes as regulatory and enforcement agencies step up their clampdown on misuse of this once-popular instrument among foreigners to invest in Indian markets.

Feb 19, 2017, 14:35 PM IST

5 foreign funds issued P-notes to Indian nationals: Sebi

In a crackdown on alleged misuse of P-Notes for round-tripping, markets regulator Sebi has found five foreign funds to have issued these controversy- ridden offshore investment instruments to Indian nationals.

 

Feb 13, 2017, 17:26 PM IST

Sebi unveils reform steps, briefs board on NSE, NSEL matters

Sebi on Saturday announced review of norms governing stock exchanges, commodity derivatives market and reducing the listing time as part of reform measures while the regulator also apprised its board of actions taken in co-location issues related to NSE and the NSEL scam.

Feb 11, 2017, 19:34 PM IST

Sebi mulls further tightening regulations for P-Notes

Markets regulator Sebi plans to further tighten the regulations governing participatory notes amid persisting concerns that this route is being used for illicit fund flows.

Jan 20, 2017, 18:43 PM IST

P-Notes investment falls to Rs 2.12 lakh cr in September after hitting a 5 months high

Investments into domestic capital markets through participatory notes (P-Notes) dropped to Rs 2.12 lakh crore in September after hitting a five months high of Rs 2.16 lakh crore at the end of August.

Nov 04, 2016, 15:33 PM IST

P-Notes investment in Indian capital markets hits 5-month high in August

Investments into domestic capital markets through participatory notes (P-Notes) rose to the highest level in five months at Rs 2.16 lakh crore in August.

 

Oct 10, 2016, 13:43 PM IST

P-Notes investment hit 2-year low of Rs 2.10 lakh crore in June-end

Investments into India's capital markets through participatory notes (P-Notes) slumped to the lowest level in nearly two years to Rs 2.10 lakh crore at the end of June, on account of a tight vigil on funds coming through this route.

Jul 25, 2016, 13:23 PM IST

P-note maturities should be exempt from GAAR: Assocham

The General Anti-Avoidance Rules (GAAR) should not apply to a foreign portfolio investor (FPI) on redemption and maturity of participatory notes, industry body Assocham said Wednesday.

Jul 13, 2016, 17:35 PM IST

P-Note investments slump to 20-month low of Rs 2.11 lakh crore

Investments into India's capital markets through participatory notes (P-Notes) declined to a 20-month low of Rs 2.11 lakh crore at the end of April, with Sebi keeping a strict vigil on funds coming through this route.

May 30, 2016, 17:36 PM IST

SEBI tightens P-Note norms to check money laundering

Tightening its norms to check any misuse of controversy-ridden PNotes, regulator SEBI Thursday made it mandatory all end-users of these overseas instruments to follow anti-money laundering law in India and asked their issuers to report any suspected breach immediately.

May 19, 2016, 20:10 PM IST

Mauritius treaty amendment: Status quo on P-Notes taxation

India's revised tax treaty inked with Mauritius will have no bearing on investments via Participatory Notes and the existing dispensation will continue to apply on them, government said Wednesday.

 

May 11, 2016, 16:48 PM IST