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Thursday, Sep 02, 2004

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Markets - Foreign Institutional Investors


FII registrations with SEBI go up

K.R. Srivats

New Delhi , Sept. 1

AS many as 72 foreign institutional investors (FIIs) have registered with the Securities and Exchange Board of India (SEBI) during the first five months (April-Aug) of the current fiscal.

During 2003-04, 83 FIIs registered with the capital markets regulator. SEBI sources said that the total number of FIIs that are registered with SEBI as on August 31 stood at 604.

The number of new sub-accounts registered with SEBI during April-August 2004 stood at 282 as against a level of 203 during 2003-04.

The total number of sub-accounts registered with SEBI as on date stood at 1,667.

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