{"id":864,"date":"2021-04-01T05:50:27","date_gmt":"2021-04-01T05:50:27","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=864"},"modified":"2021-04-01T05:50:30","modified_gmt":"2021-04-01T05:50:30","slug":"rbi-issued-a-notification-on-investment-by-foreign-portfolio-investors-fpi-investment-limits","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/rbi-issued-a-notification-on-investment-by-foreign-portfolio-investors-fpi-investment-limits\/","title":{"rendered":"RBI issued a notification on Investment by Foreign Portfolio Investors (FPI): Investment limits"},"content":{"rendered":"\n

March 31, 2021<\/p>\n\n\n\n

To,
All Authorized Persons<\/p>\n\n\n\n


Madam \/ Sir<\/p>\n\n\n\n

Investment by Foreign Portfolio Investors (FPI): Investment limits<\/strong><\/p>\n\n\n\n

Attention of Authorised Dealer Category-I (AD 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<\/strong>, as amended from time to time and the relevant Directions issued thereunder. A reference is also invited to A.P. (DIR Series)Circular No. 30 dated April 15, 2020<\/strong> on the captioned subject.<\/p>\n\n\n\n

Investment Limits for FY 2021-22<\/strong><\/p>\n\n\n\n

a.<\/strong> The limits for FPI investment in Corporate bonds shall remain unchanged at 15% of outstanding stock of securities for FY 2021-22. Accordingly, the revised limits for FPI investment in corporate bonds, after rounding off, shall be as under (Table – 1)<\/p>\n\n\n\n

Table – 1: Limits for FPI investment in Corporate bonds for FY 2021-22<\/strong><\/td><\/tr>
(\u20b9 Crore)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Current FPI limit<\/td>5,41,488<\/td><\/tr>
Revised limit for HY Apr 2021-Sep 2021<\/td>5,74,263<\/td><\/tr>
Revised limit for HY Oct 2021-Mar 2022<\/td>6,07,039<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

b.<\/strong> The revised limits for FPI investment in Central Government securities (G-secs) and State Development Loans (SDLs) for FY 2021-22 will be advised separately. Till such announcement, the current limits (as in Table – 2), shall continue to be applicable.<\/p>\n\n\n\n

Table – 2: Limits for FPI investments in G-Sec and SDL<\/strong><\/td><\/tr>
(\u20b9 Crore)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/td>G-Sec
General<\/td>		G-Sec Long
Term<\/td>		SDL
General<\/td>		SDL Long
Term<\/td><\/tr>
FPI investment limits<\/td>2,34,531<\/td>1,03,531<\/td>67,630<\/td>7,100<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
  1. 3.<\/strong> AD Category \u2013 I banks may bring the contents of this circular to the notice of their constituents and customers concerned.<\/li><\/ol>\n\n\n\n
    1. 4.<\/strong> The Directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions\/approval, if any, required under any other law.<\/li><\/ol>\n\n\n\n

      Yours faithfully<\/p>\n\n\n\n


      (Dimple Bhandia)
      Chief General Manager<\/p>\n\n\n\n

      For full detail click below :<\/strong><\/p>\n\n\n\n

      https:\/\/www.dropbox.com\/s\/9pjquflxmat8sze\/Investment%20by%20foreign%20portfolio.PDF?dl=0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

      March 31, 2021 To,All Authorized Persons Madam \/ Sir Investment by Foreign Portfolio Investors (FPI): Investment limits Attention of Authorised Dealer Category-I (AD 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 […]<\/p>\n","protected":false},"author":1,"featured_media":656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,14],"tags":[34],"class_list":["post-864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-notifications","category-rbi","tag-rbi"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=864"}],"version-history":[{"count":1,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/864\/revisions"}],"predecessor-version":[{"id":865,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/864\/revisions\/865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/656"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}