https://www.taxtmi.com/circulars?id=65401 The Reserve Bank expanded the Voluntary Retention Route (VRR) for SEBI registered FPIs, making VRR allocations additional to General Investment Limits across VRR Govt, VRR Corp and VRR Combined. FPIs commit a Committed Portfolio Size (CPS) and a minimum Retention Period (minimum three years), must maintain at least 75% of CPS on an end of day basis, may reinvest income beyond CPS, and may transfer General Investment Limit holdings into VRR. Allocations occur on tap or by auction (bids of amount and retention period), with descending retention period priority and margin allocation rules. Custodians must enforce compliance and report violations to SEBI. en-us Thu, 10 Feb 2022 00:00:00 +0530 Thu, 10 Feb 2022 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65401 The Reserve Bank expanded the Voluntary Retention Route (VRR) for SEBI registered FPIs, making VRR allocations additional to General Investment Limits across VRR Govt, VRR Corp and VRR Combined. FPIs commit a Committed Portfolio Size (CPS) and a minimum Retention Period (minimum three years), must maintain at least 75% of CPS on an end of day basis, may reinvest income beyond CPS, and may transfer General Investment Limit holdings into VRR. Allocations occur on tap or by auction (bids of amount and retention period), with descending retention period priority and margin allocation rules. Custodians must enforce compliance and report violations to SEBI. Circulars FEMA Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65401