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The Finance Ministry has expanded the definition of overseas individual investors in listed equity investments, enabling all individual persons resident outside India to invest, including Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs), under the foreign portfolio investor scheme.
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India
Who
Finance Ministry, Finance Minister Nirmala Sitharaman, Sindhuja Kashyap, Department of Economic Affairs (DEA)
What
The Finance Ministry has expanded the definition of overseas individual investors in listed equity investments, enabling all individual persons resident outside India to invest, including Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs), under the foreign portfolio investor scheme.
When
Sun, 14 Jun 2026 15:17:55 GMT · 4h 54m ago
Where
India ·
Why
This move follows an announcement by Finance Minister Nirmala Sitharaman in the Union Budget FY2026-27 to permit individual Persons Resident Outside India (PROI) to invest in equity instruments of listed Indian companies.
The Frontline Impact
How this affects you
This policy change is expected to open India's listed equity markets to a broader base of global individual investors, potentially increasing foreign capital inflows and deepening the market, though regulatory bodies like SEBI and the Reserve Bank will need to swiftly issue operational guidance for new investor classes.
Story chain
3 events in this thread- Currently Reading4h 54m agoThe Finance Ministry has expanded the definition of overseas individual investors in listed equity investments, enabling all individual persons resident outside India to invest, including Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs), under the foreign portfolio investor scheme.
- Markets4h 54m agoThe Finance Ministry has expanded the definition of overseas individual investors in listed equity investments to include all individual persons resident outside India, including NRIs and OCIs, under the foreign portfolio investor scheme.Open article
- Markets4h 54m agoThe Finance Ministry has expanded the definition of overseas individual investors in listed equity investments to include all individual persons resident outside India, including non-Resident Indians and Overseas Citizens of India, under the foreign portfolio investor scheme.Open article