The Investor
11 Sep 2026, 18:11
Citi Launches Digital Platform to Cut India FPI Registration to Five Days
Citi has launched eFPI @ Citi, a new digital onboarding solution designed to reduce the registration process for foreign portfolio investors entering India’s capital markets to just five business days. The process previously could take anywhere from several weeks to several months.
The initiative comes as India attracts increasing attention from global institutional investors. Citi currently oversees approximately one-third of foreign portfolio investor assets under custody in India, giving the bank a significant position in the country’s institutional investment infrastructure.
The platform uses digital processes and API integration with India’s National Securities Depository Limited to streamline investor onboarding and the opening of demat accounts. India’s Securities and Exchange Board also said the initiative aligns with its efforts to use technology to facilitate faster access to the country’s capital markets.
The first phase is already live for regulated public funds, including mutual funds and unit trusts, from the U.S., Ireland and Luxembourg. Citi plans to expand the service in a second phase to investors from Singapore, Canada, Australia and the UK.
Citi has launched eFPI @ Citi, a new digital onboarding solution designed to reduce the registration process for foreign portfolio investors entering India’s capital markets to just five business days. The process previously could take anywhere from several weeks to several months.
The initiative comes as India attracts increasing attention from global institutional investors. Citi currently oversees approximately one-third of foreign portfolio investor assets under custody in India, giving the bank a significant position in the country’s institutional investment infrastructure.
The platform uses digital processes and API integration with India’s National Securities Depository Limited to streamline investor onboarding and the opening of demat accounts. India’s Securities and Exchange Board also said the initiative aligns with its efforts to use technology to facilitate faster access to the country’s capital markets.
The first phase is already live for regulated public funds, including mutual funds and unit trusts, from the U.S., Ireland and Luxembourg. Citi plans to expand the service in a second phase to investors from Singapore, Canada, Australia and the UK.
