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Rupee denominated bonds excluded from FPI corporate bond limit; reporting via ECB norms, with other ECB policy unchanged. Issuance of Rupee denominated bonds overseas is excluded from the cap on investments by foreign portfolio investors in corporate bonds, removing those issuances from the FPI corporate bond limit. The additional email reporting requirement for RDB transactions is dispensed with, but RDBs continue to be reported under existing External Commercial Borrowing norms; all other ECB policy remains unchanged.
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.
Rupee denominated bonds excluded from FPI corporate bond limit; reporting via ECB norms, with other ECB policy unchanged.
Issuance of Rupee denominated bonds overseas is excluded from the cap on investments by foreign portfolio investors in corporate bonds, removing those issuances from the FPI corporate bond limit. The additional email reporting requirement for RDB transactions is dispensed with, but RDBs continue to be reported under existing External Commercial Borrowing norms; all other ECB policy remains unchanged.
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