Overseas investors had put in a net sum of Rs 45,981 crore in March and Rs 11,182 crore in February in the capital markets
Analysts attributed the increase in infusion to a shift in stance on monetary policy outlook by various central banks globally
The RBI said the directions in this regard have been issued the Foreign Exchange Management Act
RBI allows foreign portfolio investors (FPI) to take exposures of more than 20% in a corporate entity
The RBI increased the FPIs cap on investment in government security to 30 per cent of the outstanding stock of that security, from 20 per cent earlier
In case of corporate bonds, the minimum residual maturity will be one year now, relaxed from three years earlier
In order to capture FPI investment data in hybrid securities, a third category termed as 'Hybrid Security' shall be created