Commercial Paper investment limit for SEBI registered foreign investors reduced, remaining funds reallocated within overall corporate debt cap. The RBI reduced the Commercial Paper sub limit available to SEBI registered FIIs, QFIs and long term investors to USD 2 billion while retaining the overall corporate debt limit at USD 51 billion. The reduced CP sub limit remains part of the aggregate corporate debt ceiling and may be deployed for other corporate debt investments. Eligible investors include FIIs, QFIs and specified long term investors; SEBI will issue operational guidelines and all other existing investment conditions remain unchanged.
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Provisions expressly mentioned in the judgment/order text.
Commercial Paper investment limit for SEBI registered foreign investors reduced, remaining funds reallocated within overall corporate debt cap.
The RBI reduced the Commercial Paper sub limit available to SEBI registered FIIs, QFIs and long term investors to USD 2 billion while retaining the overall corporate debt limit at USD 51 billion. The reduced CP sub limit remains part of the aggregate corporate debt ceiling and may be deployed for other corporate debt investments. Eligible investors include FIIs, QFIs and specified long term investors; SEBI will issue operational guidelines and all other existing investment conditions remain unchanged.
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