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of <h1>RBI Amends Rules: FIIs, QFIs, FPIs, and NRIs Can Invest in Indian Corporate Debt up to USD 51 Billion Limit.</h1> The circular addresses foreign investment in India, allowing registered Foreign Institutional Investors (FIIs), Qualified Foreign Investors (QFIs), Foreign Portfolio Investors (FPIs), and long-term investors registered with SEBI to invest in non-convertible/redeemable preference shares or debentures of Indian companies. These investments can be made on a repatriation basis within a USD 51 billion limit for corporate debt. Non-Resident Indians (NRIs) are also permitted to invest on both repatriation and non-repatriation bases. The Reserve Bank of India has amended relevant regulations, and Authorized Dealer banks are instructed to inform their clients about these updates.
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