Foreign investment in India in Government Securities.

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..... 2. Attention of AD Category-I banks is invited to A.P.(DIR Series) Circular No.94 dated April 1, 2013 read with A.P.(DIR Series) Circular No.111 dated June 12, 2013 and A.P.(DIR Series) Circular No.112 dated March 25, 2014 , in terms of which the present limit for investment in Government Securities by SEBI registered FIIs, QFIs, long term investors and FPIs registered in accordance with SEB .....

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..... stments in T-bills and Government dated securities of less than one year residual maturity shall be allowed to taper off on maturity/ sale. The revised position in respect of the investment limit in Government dated securities is given below: Instrument/s Limit Eligible Investors Remarks Government d .....

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..... ay bring the contents of this circular to the notice of their constituents and customers concerned. 7. 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 / approvals, if any, required under any other law. Yours faithfully, (Rudra Narayan Kar) .....

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