Combined corporate debt limit governs foreign investment in rupee denominated overseas bonds, with reporting and issuance criteria mandated. Foreign investment in Rupee denominated bonds issued overseas by Indian corporates shall be reckoned against a Combined Corporate debt limit of INR 244,323 crore covering onshore and overseas corporate debt; such overseas Rupee investments will not be treated as FPI investments under SEBI FPI regulations, though other extant FPI terms for corporate debt apply, RBI will define issuance criteria, and depositories must receive and process periodic RBI data on these investments.
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.
Combined corporate debt limit governs foreign investment in rupee denominated overseas bonds, with reporting and issuance criteria mandated.
Foreign investment in Rupee denominated bonds issued overseas by Indian corporates shall be reckoned against a Combined Corporate debt limit of INR 244,323 crore covering onshore and overseas corporate debt; such overseas Rupee investments will not be treated as FPI investments under SEBI FPI regulations, though other extant FPI terms for corporate debt apply, RBI will define issuance criteria, and depositories must receive and process periodic RBI data on these investments.
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