RBI has issued the limits for investment in debt and sale of credit default swaps by Foreign Portfolio Investors (FPIs)

RBI vide circular dated April 26, 2024 has issued the limits for investment in debt and sale of credit default swaps by Foreign Portfolio Investors (FPIs). Investment Limits for the financial year 2024-25:

    1. The limits for FPI investment in government securities (g-secs), state government securities (SGSs) and corporate bonds shall remain unchanged at 6 per cent, 2 per cent and 15 per cent respectively, of the outstanding stocks of securities for 2024-25.
    2. As hitherto, all investments by eligible investors 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.
    3. 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.

    RECENT UPDATES

    IFSCA signs MoU with BSEC

    he scope of this MoU includes promoting the development of financial products, financial services and financial institutions in their respective jurisdictions, sharing of best practices

    Read More »