RBI relaxes norms for FPI investments in corporate debt securities

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RBI relaxes norms for FPI investments in corporate debt securities - Business Standard

Quick Summary:

"On a review, and with a view to providing greater ease of investment to FPIs, it has been decided to withdraw the requirement for investments by FPIs in corporate debt securities to comply with the short-term investment limit and the concentration limit," the RBI said in a circular.

At present, investments by FPIs in corporate debt securities through the general route are subject to the short-term investment and concentration limit.

The Reserve Bank on Thursday relaxed norms for investments by foreign portfolio investors in corporate debt securities through the general route by withdrawing certain requirements.