Debt instrument definitions clarify investor categories and repatriation treatment under the foreign exchange debt regulations. These regulations fix terminology for cross border dealings in debt instruments under the Foreign Exchange Management Act, 1999, and provide that undefined expressions adopt meanings from the Act and related rules. They define key concepts including authorised dealer, asset reconstruction company, foreign central bank, FCNR(B) account, FPI, Indian entity (including LLP), InvIT and REIT, mutual fund, listed and unlisted companies, municipal bonds, NRI/OCI status, unit, venture capital fund, and the distinction between investment on repatriation and non repatriation basis.
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Debt instrument definitions clarify investor categories and repatriation treatment under the foreign exchange debt regulations.
These regulations fix terminology for cross border dealings in debt instruments under the Foreign Exchange Management Act, 1999, and provide that undefined expressions adopt meanings from the Act and related rules. They define key concepts including authorised dealer, asset reconstruction company, foreign central bank, FCNR(B) account, FPI, Indian entity (including LLP), InvIT and REIT, mutual fund, listed and unlisted companies, municipal bonds, NRI/OCI status, unit, venture capital fund, and the distinction between investment on repatriation and non repatriation basis.
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