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Investment by International Financial Institutions in Govt. Securities

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Full Text of the Document

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....Authorised Dealers in Foreign Exchange Madam/Sir, Investment by International Financial Institutions in Govt. Securities Attention of Authorised Dealers is invited to paragraphs 1 and 2 of Schedule 5 to Notification No. FEMA 20/2000-RB dated May 3, 2000 as amended from time to time whereby, FIIs and NRIs have been allowed to purchase Govt. Securities on repatriation basis without limit. ....