RBI eases regulatory norms for Foreign Portfolio Investors in Govt Securities to attract investment
New Delhi, June 6 -- The Reserve Bank of India (RBI) has announced key changes to the regulatory framework governing investments by Foreign Portfolio Investors (FPIs) in Government Securities, aimed at improving ease of investment and simplifying compliance requirements. Under the revised framework, FPIs investing through the General Route will no longer be required to comply with short-term investment limits, security-wise limits, and concentration limits. The move is expected to provide greater flexibility to foreign investors. The RBI has also merged the earlier sub-categories of investment limits, 'general' and ' long-term ', into a single consolidated limit for both Central Government Securities and State Government Securities (SGSs)...
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