https://www.taxtmi.com/news?id=3483 Policy revises FII access to Government Securities by reducing required residual maturities and adding a secondary allocation within an increased aggregate ceiling, and expands eligible long-term non-resident investor categories for that ceiling. It introduces an approval-route ECB facility for eligible manufacturing and infrastructure companies to refinance rupee capital-expenditure loans or fund fresh rupee capital expenditure, subject to foreign-exchange earning history, absence from RBI default/caution lists, company-level limits and specified drawdown and servicing conditions. en-us Tue, 26 Jun 2012 10:04:46 +0530 Tue, 26 Jun 2012 10:04:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3483 Policy revises FII access to Government Securities by reducing required residual maturities and adding a secondary allocation within an increased aggregate ceiling, and expands eligible long-term non-resident investor categories for that ceiling. It introduces an approval-route ECB facility for eligible manufacturing and infrastructure companies to refinance rupee capital-expenditure loans or fund fresh rupee capital expenditure, subject to foreign-exchange earning history, absence from RBI default/caution lists, company-level limits and specified drawdown and servicing conditions. News - Tue, 26 Jun 2012 10:04:46 +0530 https://www.taxtmi.com/news?id=3483