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. 23 dated Februa....

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....025. 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 2025-26. d) The entire increase in limits for SGSs (in absolute terms) has been added to the 'General' sub-category of SGSs. 4. The revised limits (in absolute terms) for the different categories, are in Table 1: Table -....