Foreign investment in credit-enhanced bonds: SEBI-registered FIIs, QFIs and long-term investors allowed within corporate debt limits. SEBI-registered FIIs, QFIs and SEBI-registered long-term investors are permitted to invest on a repatriation basis in domestic credit-enhanced bonds issued under the ECB policy, subject to the eligibility, structural and operational conditions for credit enhancement set out in the relevant ECB circulars, and within the aggregate corporate debt investment ceiling; Category-I Authorised Dealer banks must inform their constituents, and the directions are issued under the foreign exchange regulatory statute without affecting other required permissions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign investment in credit-enhanced bonds: SEBI-registered FIIs, QFIs and long-term investors allowed within corporate debt limits.
SEBI-registered FIIs, QFIs and SEBI-registered long-term investors are permitted to invest on a repatriation basis in domestic credit-enhanced bonds issued under the ECB policy, subject to the eligibility, structural and operational conditions for credit enhancement set out in the relevant ECB circulars, and within the aggregate corporate debt investment ceiling; Category-I Authorised Dealer banks must inform their constituents, and the directions are issued under the foreign exchange regulatory statute without affecting other required permissions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.