Question
Which Russian bank has become the first Russian bank to
to register with the SEBI as a foreign portfolio investor (FPI)Â Â according to the information provided by theNational Stock Depository (NSDL)?Solution
 According to the National Stock Depository (NSDL), Sberbank of Russia has become the first Russian bank to register with the SEBI as a foreign portfolio investor (FPI). FPIs with category I licence have to follow less lenient beneficial ownership disclosures, can subscribe to overseas derivative instruments which have Indian stocks as underlying and also enjoy certain taxation benefits. Category I FPI registration is only granted to government or government related foreign investors or regulated entities such as banks, sovereign wealth funds, investment trusts, pension funds, asset management companies. Sberbank’s registration takes the total number of Russia-based FPIs in India to five, with all others being non-banks. Till now, Alfa Capital Management, First Asset Management, Igor Noskov, and Vesvolod Rozanov have been granted FPI registrations.Â
Which one of the following does not comes under market infrastructure institutions (MIIs)?
Aadi Mahotsav was inaugurated in?
Which component of the PM-KUSUM scheme has shown positive results in states like Haryana, Rajasthan, Maharashtra, and Uttar Pradesh, helping farmers sav...
Which of the following hydro projects in Maharashtra will have the highest capacity under the new MoU between Tata Power and the Maharashtra Government?
What initiative has the National Highways Authority of India (NHAI) launched to enhance efficiency in Electronic Toll Collection (ETC)?
The Theme “Early warning and early action” was for which of the following day?
What was the purpose of launching the theme song ‘Vote Ka Tyohar’ in Jammu and Kashmir?
Which company has committed to setting up an automobile hub in one of the smart cities?Â
With which organization has Karnataka Bank entered into a digital co-lending partnership focusing on providing loans to the Indian MSME sector?
What digital platform did the government launch to empower farmers with access to pledge finance against harvested commodities, and how does it work?
