Investment by Foreign Portfolio Investors (FPI): Investment limits

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..... Management (Debt Instruments) Regulations, 2019 notified vide Notification No.FEMA.396/2019-RB dated October 17, 2019, as amended from time to time and the relevant directions issued thereunder. A reference is also invited to A.P. (DIR Series) Circular No. 26 dated March 27, 2019 on the captioned subject. 2. Investment Limits for FY 2020-21 a. The limit for FPI investment in corporate bonds is .....

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..... its 2,46,100 1,15,100 61,200 7,100 3. AD Category-I banks may bring the contents of this circular to the notice of their constituents and customers concerned. 4. 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 .....

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