TMI BlogInvestment by Foreign Portfolio Investors (FPI) in Government SecuritiesX X X X Extracts X X X X X X X X Extracts X X X X ..... eign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA.20/2000- RB dated May 3, 2000, as amended from time to time. The limits for investment by foreign portfolio investors (FPI) in Government securities were last increased in terms of the Medium Term Framework (MTF) announced vide A.P. (DIR Series) Circular ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 54 441 1795 70 1865 Revised limits with effect from April 4, 2016 1400 500 1900 105 2005 Revised limits with effect from July 5, 2016 1440 560 2000 140 2140 5. Further, keeping in view the extent of utilization of the limits for Central Government securities by long term and other investors, it has been decided that any limit remaining un-utilised by the long term investors at the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of their constituents and customers concerned.
9. 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,
(R. Subramanian)
Chief General Manager X X X X Extracts X X X X X X X X Extracts X X X X
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