Short-term investment limits for FPIs increased allowing greater allocations in government and corporate debt and expanded exemptions. Revision increases the short-term investment limit for FPIs in Central Government Securities (including Treasury Bills), State Development Loans and corporate bonds to permit a larger share of an FPI's total investment in those instruments. Exemptions from the short-term and issue limits that applied to Security Receipts are extended to debt issued by Asset Reconstruction Companies and debt of entities under the Corporate Insolvency Resolution Process pursuant to an approved resolution plan.
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Provisions expressly mentioned in the judgment/order text.
Short-term investment limits for FPIs increased allowing greater allocations in government and corporate debt and expanded exemptions.
Revision increases the short-term investment limit for FPIs in Central Government Securities (including Treasury Bills), State Development Loans and corporate bonds to permit a larger share of an FPI's total investment in those instruments. Exemptions from the short-term and issue limits that applied to Security Receipts are extended to debt issued by Asset Reconstruction Companies and debt of entities under the Corporate Insolvency Resolution Process pursuant to an approved resolution plan.
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