Mumbai: The Reserve Bank of India (RBI) on Thursday allowed foreign investors greater freedom to buy Indian corporate bonds, giving them a chance to purchase more short-term paper. The central bank removed short-term investment and concentration limits from its rules governing foreign investments in corporate bonds. This, it said, will provide greater ease of investment
Mumbai: The Reserve Bank of India (RBI) on Thursday relaxed norms for investments by foreign portfolio investors (FPIs) in corporate debt securities through the general route by withdrawing certain requirements. At present, investments by FPIs in corporate debt securities through the general route are subject to the short-term investment and concentration limit. “On a review,
The Reserve Bank of India (RBI) has announced the withdrawal of two key restrictions governing investments by foreign portfolio investors (FPIs) in corporate debt securities through the general route, with immediate effect. In a circular issued by the Financial Markets Regulation Department, the RBI stated that FPIs will no longer be required to comply with