India regulators plan quicker entry processes for foreign investors, sources say

India’s markets regulator and its central bank are in advanced discussions to ease entry processes for new overseas investors, four sources said, at a time when foreign flows into the economy remain weak. The changes would include fewer and standardised documentation and less scrutiny on investors that are already regulated in other countries. That will reduce the time taken to register in India to 30-60 days from nearly six months, bringing them in line with global standards, said the sources, who have direct knowledge of the matter. They declined to be named as discussions are private. Email queries sent to market regulator Securities and Exchange Board of India (SEBI) and the Reserve Bank of India were not answered. “To facilitate...