RBI raises FPI investment limit in corporate bonds to 15%
Revised investment limit for FPI investment in corporate bonds shall be Rs 5,41,488 crore for HY Oct 2020-Mar 2021
The Reserve Bank of India has increased the limit for Foreign portfolio investors (FPI) investment in corporate bonds to 15% of outstanding stock for FY 2020-21.The existing investment limit for FPI investment in corporate bonds stands at Rs 3.17 lakh crore, while the revised limit shall be Rs 4,29,244 crore for HY Apr 2020-Sep 2020 and Rs 5,41,488 crore for HY Oct 2020-Mar 2021.
The revised limits for FPI investment in Central Government securities (G-secs) and State Development Loans (SDLs) for FY 2020-21 will be advised separately.
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First Published: Mar 30 2020 | 8:13 PM IST