Mumbai, Oct. 29 -- SEBI Chairman Tuhin Kanta Pandey has said that the market regulator will review the rules that foreign portfolio investors must follow to invest in India. He said SEBI will issue a consultation paper to seek suggestions on bringing Indian rules closer to international standards, while ensuring investor protection and market safety. Acknowledging that some of India's rules are stricter than those in other major countries, he said, the review aims to make it easier for foreign investors to participate in Indian markets. Mr Pandey said, SEBI has already taken several steps to simplify the process for foreign investors, including easier access to markets, digital registration and simpler procedures.

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