Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs)

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.... Category-I) banks is invited to Schedule 1 to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA. 396/2019-RB dated October 17, 2019 as amended from time to time and the relevant Directions issued thereunder. 2. Reference is also invited to the following directions issued by the Reserve Bank: a. A.P. (DIR Series) Circular No. 25 dated March....

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....nvestors in the 'specified securities' shall be reckoned under the Fully Accessible Route (FAR) in terms of A.P. (DIR Series) Circular No. 25 dated March 30, 2020. c. The allocation of incremental changes in the g-sec limit (in absolute terms) over the two sub-categories - 'General' and 'Long-term' - shall be retained at 50:50 for 2024-25. d. The entire increase in limits for SGSs (in absolute....