https://www.taxtmi.com/circulars?id=52922 RBI reallocated part of the foreign investment limit for SEBI-registered investors by increasing the allocation to FIIs/QFIs/FPIs while reducing the sub-limit for long term SEBI-registered investors. The incremental allocation and any future investments made from the vacated limit must be placed in government bonds with a minimum residual maturity of three years. There is no lock-in and existing securities may be sold to domestic investors. SEBI will issue operational guidelines and AD Category I banks must inform constituents; other investment conditions remain unchanged. en-us Wed, 23 Jul 2014 00:00:00 +0530 Wed, 23 Jul 2014 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52922 RBI reallocated part of the foreign investment limit for SEBI-registered investors by increasing the allocation to FIIs/QFIs/FPIs while reducing the sub-limit for long term SEBI-registered investors. The incremental allocation and any future investments made from the vacated limit must be placed in government bonds with a minimum residual maturity of three years. There is no lock-in and existing securities may be sold to domestic investors. SEBI will issue operational guidelines and AD Category I banks must inform constituents; other investment conditions remain unchanged. Circulars FEMA Wed, 23 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52922