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of <h1>Investment Limits for FPIs in Indian Government Securities to Increase in 2016 under FEMA 1999.</h1> The circular addresses Authorized Dealer Category-I banks regarding increased investment limits for Foreign Portfolio Investors (FPIs) in Indian Government securities. The limits for Central Government Securities will rise by Rs. 105 billion on April 4, 2016, and Rs. 100 billion on July 5, 2016. State Development Loans (SDL) limits will increase by Rs. 35 billion on the same dates. Unutilized limits by long-term investors will be available to others in the following half-year. Existing conditions remain unchanged, and further guidelines will be issued by SEBI. The circular is issued under the Foreign Exchange Management Act, 1999.
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