The Reserve Bank of India (RBI), today notified the revised limits for Investment by Foreign Portfolio Investors (FPI) in Government Securities.
As per the notification, the limits for investment by FPIs for the quarter January – March 2018 is increased by INR 64 billion in Central Government Securities (Central G-Secs) and INR 58 billion in State Development Loans (SDLs).
Recently, the RBI had increased foreign portfolio investors’ limit on investment in government bonds by an aggregate Rs 14,200 crore for the October-December period in line with the formula related to total outstanding government borrowings.
The revised limits will be effective from January 01, 2018. 4.
The operational guidelines relating to allocation and monitoring of limits will be issued by the Securities and Exchange Board of India (SEBI).
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