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P-note investments continue to drop, hit fresh low of Rs 66,587 crore

P-note investments continue to drop, hit fresh low of Rs 66,587 crore

Sunday, November 18, 2018, 5:00 PM

Investments in the Indian capital market through participatory notes (P-notes) continue to decline and hit a nine-and-a-half year low of Rs 66,587 crore till October. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
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