<h1>FII investment limits expanded and maturity requirements reduced, plus new ECB facility for eligible exporters to refinance rupee capital expenditure.</h1> FII investment limits in government securities were increased and residual maturity requirements reduced while registration of long term non resident investors was permitted to access the enhanced ceiling. A new approved route ECB facility allows eligible manufacturing and infrastructure companies to refinance rupee capital expenditure loans or fund fresh rupee capital expenditure subject to export earnings, non default, drawdown and servicing conditions and prescribed overall and company level ceilings. Rationalisation of FII access to long term infrastructure bonds modified lock in and residual maturity minima across sub allocations and defined QFI qualification thresholds for mutual fund debt schemes; withholding tax was to be liberalised and implementing circulars issued.