Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Investment by Foreign Portfolio Investors (FPI) in Government Securities - Medium Term Framework – Review

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ntion of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign 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. 2. The Statement on Developmental and Regulatory Policies, Fourth Bi-monthly Monetary Polic .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or FPI investment in corporate bonds will be fixed at 9% of outstanding stock of corporate bonds. All the existing sub-categories under the category of corporate bonds will be discontinued and there would be a single limit for FPI investment in all types of corporate bonds. d. No fresh allocation has been made to the Long-term sub-category under SDLs. Out of the existing limit of ₹ 1 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 760 crore as on March 31, 2018, would be added to the actual utilization under the General sub-category of G-secs. Since this is a new policy, as a one-time measure, the investment limit in the General sub-category of G-secs has been increased by an amount equal to the stock of coupon reinvestment as on March 31, 2018. This increase in limit on account of coupon investment amount is over and a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 207,300* 78,700 34,800 7,100 266,700 594,600 Revised Limit for the HY Oct 2018-March, 2019 223,300* 92,300 38,100 7,100 289,100 649,900 * Includes ₹ 4,760 crore one-time .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates