Investment via P-notes participatory notes slip to Rs 1.26 lakh crore in October
Participatory notes (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.
This was the highest level since July 2017 -- when investment through the route stood at Rs 1.35 lakh crore. Image Courtesy: Freepik.