TaxTMI 
TaxTMI 
Investment by Foreign Portfolio Investors (FPI) in Government Securities - Medium Term Framework – Review
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....ework - Review Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA.20/2000-RB dated May 3, 2000, as amended from time to time. 2. The Statement on Developmental and Regulatory Policies, Fourth Bi-month....
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.... of securities. c. The overall limit for FPI investment in corporate bonds will be fixed at 9% of outstanding stock of corporate bonds. All the existing sub-categories under the category of corporate bonds will be discontinued and there would be a single limit for FPI investment in all types of corporate bonds. d. No fresh allocation has been made to the '....
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.... of utilization. Accordingly, for the year 2018-19, the stock of coupon investment of Rs. 4,760 crore as on March 31, 2018, would be added to the actual utilization under the 'General' sub-category of G-secs. Since this is a new policy, as a one-time measure, the investment limit in the 'General' sub-category of G-secs has been increased by an amount equal to the stock of coupon reinvestment as on....
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....18-March, 2019 223,300* 92,300 38,100 7,100 289,100 649,900 * Includes Rs. 4,760 crore one-time addition to limit to provide for inclusion of coupon investment amount in utilization. 4. These directions would be applicable with immediate effect. 5. A separate notification will be issued announcing coupon reinvestment arrangements referred to in paragraph 3(g) and other c....