NRI flows into Indian equities dip as compliance rules bite

Investments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account openings. While global uncertainties and market performance play a role, stringent Know Your Customer (KYC) rules are a major hurdle. Industry insiders believe easing these regulations, particularly through digitisation and e-notarisation, could significantly boost remittance flows and unlock substantial investment potential from affluent NRIs eager to participate in India's growth story.