Reinvestment of coupons in government securities permitted outside FPI investment limits, with reporting and operational guidance required. FPIs may reinvest coupons received on existing government securities into government securities on a repatriation basis, and such reinvestments shall be kept outside the applicable FPI limit for government securities; AD Category I banks must report these investments as prescribed and SEBI will issue further operational guidelines.
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.
Reinvestment of coupons in government securities permitted outside FPI investment limits, with reporting and operational guidance required.
FPIs may reinvest coupons received on existing government securities into government securities on a repatriation basis, and such reinvestments shall be kept outside the applicable FPI limit for government securities; AD Category I banks must report these investments as prescribed and SEBI will issue further operational guidelines.
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