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    <title>Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019</title>
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    <description>Foreign portfolio investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 is liberalised to permit investment in equity instruments of a listed Indian company on a recognised stock exchange in India by all individual persons resident outside India, with enhanced investment limits. Authorised Dealer Category-I banks may open a repatriable INR account for such investors, and reporting and monitoring are to follow the same manner as NRI and OCI investments.</description>
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