India markets regulator exempts some offshore funds from disclosing investors

India markets regulator exempts some offshore funds from disclosing investors

FILE PHOTO: The logo of the Securities and Exchange Board of India (SEBI) is pictured at its headquarters in Mumbai, India, March 1, 2017. REUTERS/Shailesh Andrade/File Photo

India’s markets regulator has exempted offshore funds from naming their investors under certain circumstances, it said on Wednesday, partly easing the disclosure rules it put in place last year.