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    <title>FDI Would be More User Friendly, Fiis Limit For Investment in Corporate Bonds Raised to US $40 Billion Foreign Investment Policy to be Further Liberalized,Says Pranab Mukherjee</title>
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    <description>SEBI-registered mutual funds may accept subscriptions from foreign investors for KYC in equity schemes, widening permissible foreign investor classes and facilitating direct foreign participation via the portfolio investment route. The FII corporate bond investment ceiling for infrastructure issuers with over five years residual maturity is increased and FIIs may invest in unlisted bonds of infrastructure SPVs subject to a minimum three-year lock-in while being allowed to trade among themselves during the lock-in period.</description>
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