FII/QFI commercial paper investment cap reduced; new sub limit within unchanged corporate debt ceiling applies immediately. The circular reduces the FII/QFI sub limit for investment in Commercial Papers, restricting eligible foreign investors to the newly prescribed cap while maintaining the overall Corporate Debt ceiling and separately preserving an allocation for credit enhanced bonds; the amendment is effective immediately and requires custodians to inform their clients.
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.
FII/QFI commercial paper investment cap reduced; new sub limit within unchanged corporate debt ceiling applies immediately.
The circular reduces the FII/QFI sub limit for investment in Commercial Papers, restricting eligible foreign investors to the newly prescribed cap while maintaining the overall Corporate Debt ceiling and separately preserving an allocation for credit enhanced bonds; the amendment is effective immediately and requires custodians to inform their clients.
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