P-NOTEs TOPIC: Economy Context- Investments in capital market through participatory notes (P-notes) dropped to ₹87,989 crore at the end of January. Concept- A participatory note, commonly known as a P-note or PN. P-notes are Offshore Derivative Instruments (ODIs) issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a […]

    P-NOTES Subject: Economics Context: Investments through participatory notes (P-notes) in the Indian capital market declined to Rs 89,100 crore at March-end, after hitting 33 months high level in the preceding month. Concept: Participatory Notes or P-Notes (PNs) are financial instruments issued by a registered foreign institutional investor (FII) to an overseas investor who […]

    P – NOTES Subject: Economics Context: Data show that ₹87,132 crore ($11.6 billion approx) worth of P-note positions were outstanding as of December 2020. Concept: A promissory note is an instrument in writing (not being a bank note or a currency note) containing an unconditional undertaking, signed by the maker, to pay a […]

Subject: Economy Context: Investments through participatory notes (P-notes) in the domestic capital market soared to Rs 63,288 crore till July-end, making it the fourth consecutive monthly rise Concept: P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, […]