FPI investment limits in government securities maintained; allocation equally between general and long-term with revised absolute caps announced. FPI investment ceilings remain at six percent for government securities and two percent for State Development Loans for FY 2021-22; specified securities investments continue to be reckoned under the Fully Accessible Route. Incremental G Sec increases are allocated equally between General and Long term sub categories, while SDL incremental increases are fully allocated to the General SDL sub category. Revised absolute limits for half year periods across G Sec (General and Long term), SDL (General and Long term), corporate bonds and total debt are announced. AD Category I banks are directed to inform constituents; directions are issued under sections 10(4) and 11(1) of FEMA, 1999.
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Provisions expressly mentioned in the judgment/order text.
FPI investment limits in government securities maintained; allocation equally between general and long-term with revised absolute caps announced.
FPI investment ceilings remain at six percent for government securities and two percent for State Development Loans for FY 2021-22; specified securities investments continue to be reckoned under the Fully Accessible Route. Incremental G Sec increases are allocated equally between General and Long term sub categories, while SDL incremental increases are fully allocated to the General SDL sub category. Revised absolute limits for half year periods across G Sec (General and Long term), SDL (General and Long term), corporate bonds and total debt are announced. AD Category I banks are directed to inform constituents; directions are issued under sections 10(4) and 11(1) of FEMA, 1999.
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