Kotak enables FPI registration via electronic signatures
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Kotak Mahindra Bank has become the first custodian in India to issue an FPI licence using electronic signatures. This move aligns with SEBI’s digital transformation agenda, enhancing ease of doing business for global investors. By eliminating wet signatures, Kotak aims to reduce operational risks and streamline market access for foreign investors.
• First two FPI licences issued digitally
• Supports India’s goal of a digitised investment-friendly market
This advancement may attract increased foreign investments into the Indian market.
Not investment advice. For informational purposes only.