FPI investment limits in government securities increased, triggering SEBI guidelines and AD Category I compliance obligations. Revision of FPI investment limits increases permitted holdings in Central Government Securities and State Development Loans for the October-December 2017 quarter, with the revised allocations effective October 3, 2017. SEBI will issue operational guidelines for allocation and monitoring of the revised limits, and AD Category I banks must inform their constituents; the directions are issued under FEMA and subject to other applicable permissions.
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FPI investment limits in government securities increased, triggering SEBI guidelines and AD Category I compliance obligations.
Revision of FPI investment limits increases permitted holdings in Central Government Securities and State Development Loans for the October-December 2017 quarter, with the revised allocations effective October 3, 2017. SEBI will issue operational guidelines for allocation and monitoring of the revised limits, and AD Category I banks must inform their constituents; the directions are issued under FEMA and subject to other applicable permissions.
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