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    <title>Investment by Foreign Portfolio Investors (FPI) in Debt - Relaxations</title>
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    <description>The RBI exempted FPI investments in government securities and corporate bonds made between July 08, 2022 and October 31, 2022 from the 30% short-term investment limit until maturity or sale, and temporarily allowed FPIs to invest in commercial papers and non-convertible debentures with original maturity up to one year, thereby relaxing the one-year residual maturity requirement for corporate debt; these Directions take immediate effect.</description>
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      <description>The RBI exempted FPI investments in government securities and corporate bonds made between July 08, 2022 and October 31, 2022 from the 30% short-term investment limit until maturity or sale, and temporarily allowed FPIs to invest in commercial papers and non-convertible debentures with original maturity up to one year, thereby relaxing the one-year residual maturity requirement for corporate debt; these Directions take immediate effect.</description>
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