RBI revises the investment limit for Foreign Portfolio Investors

Apr 01, 2020 | by Avantis RegTech Legal Research Team


Finance & Taxation Compliance

The Reserve Bank of India (RBI) on March 30, 2020, has decided to increase the investment limit for Foreign Portfolio Investors (FPIs) in corporate bonds by 15% of outstanding stock for Financial Year 2020-2021. Whereas, the limits for FPI investment in Central Government securities (G-secs) and State Development Loans (SDLs) for FY 2020-21 will be advised separately.

[Notification No. A.P. (DIR Series) Circular No. 24]

 


Bookmark

Related Updates



Alternate Text

Get updates on the go on RuleZbook Mobile App.