Foreign Portfolio Investment in Corporate debt securities

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....n Portfolio Investment in Corporate debt securities 1. SEBI, vide circular SEBI/HO/IMD/FPIC/CIR/P/2016/67 dated August 04, 2016 had redefined the INR 244,323 cr Corporate debt limit for FPIs as the Combined Corporate Debt Limit (CCDL) for all foreign investments in Rupee denominated bonds issued both onshore and overseas by Indian corporates. 2. RBI vide circular RBI/2017-18/64 A.P. (DIR Ser....

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....44,323 cr. This amount shall be carved out of erstwhile CCDL and will be added to the new limit of CDIL as under:- All figures are in INR cr   October 02, 2017 October 03, 2017 January 01, 2018 CCDL* 244,323 0 0 CDIL 0 227,322 244,323 Sub-Limit for investment by Long Term FPIs in the infrastructure sector NA 9,500 19,000 (*) includes RDB o....

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....lude their investment in both listed and unlisted corporate debt issued by companies in the infrastructure sector. As prescribed in the SEBI circular SEBI/HO/IMD/FPIC/CIR/P/2017/16 dated February 28, 2017, investments by FPIs in the unlisted corporate debt securities and securitised debt instruments shall not exceed INR 35,000 cr within the extant CDIL. 8. All other extant conditions with respe....