 "RBI allows FPIs to invest in unlisted bonds")
The Reserve Bank of India (RBI) on Monday allowed foreign portfolio investors (FPIs) to invest in unlisted bonds of a public company and securitised debt instruments.
The measures, aimed at expanding the investment basket for FPIs, were announced in the Union Budget for 2016-17.
According to the extant guidelines, FPIs were only permitted to invest in listed or to-be-listed debt securities.
The FPIs were earlier not allowed to invest in any kind of securitised debt instruments.
The measures, aimed at expanding the investment basket for FPIs, were announced in the Union Budget for 2016-17.
According to the extant guidelines, FPIs were only permitted to invest in listed or to-be-listed debt securities.
Also Read
Investment in unlisted debt securities was permitted only in case of companies in the infrastructure sector.
The FPIs were earlier not allowed to invest in any kind of securitised debt instruments.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%