Finance Minister P Chidambaram said on Monday he was concerned over inflow of funds into the stock exchanges from unregistered entities.
"Our concern is about inflows from unregistered entities, especially from unregulated jurisdictions... So long as funds come in after registration, they are welcome to do so," he said at the US-India CEO Forum in Mumbai.
The statement comes days after market regulator Securities and Exchange Board of India imposed
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restrictions on issuance of participatory notes used by unregistered investors to invest in Indian equity markets.