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Introducing the “In Favour Of” filter in Case Laws.
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<h1>RBI Expands Fully Accessible Route for Non-Resident Investment in Government Securities, Adds New 7 and 14-Year Tenors.</h1> The Reserve Bank of India (RBI) has expanded the Fully Accessible Route (FAR) for non-resident investment in government securities by including additional specified securities. This follows the Union Budget 2020-21 announcement allowing certain Central Government securities to be fully open to non-resident investors. The newly designated securities include the 7.10% GS 2029 and 7.54% GS 2036, along with all new issuances of 7-year and 14-year tenors. These changes are effective immediately and are issued under the RBI Act, 1934, without affecting other legal permissions or approvals.