Supreme Court tells Parsvnath Developers to Comply with Haryana RERA Orders or Face Jail || Supreme Court: Article 142 Cannot Override a Concluded and Acted-Upon Settlement Between Parties || SC Grants One-Time Relief, Allows Law Students to Take Exams Despite Attendance Shortage || SC Grants One-Time Relief, Allows Law Students to Take Exams Despite Attendance Shortage || Supreme Court: Murder Inside a Vehicle Does Not Qualify For Motor Accident Compensation || Supreme Court: Section 50 NDPS Act Inapplicable to Recovery from Articles Carried by Accused || J&K&L High Court: Death of Sole Accused Brings Disproportionate Assets Attachment Case to an End || Calcutta High Court: Child Marriage Allegation Alone Cannot Justify Ordering a POCSO FIR || Calcutta High Court: Trial Courts Can't Compel Mediation in Mutual Consent Divorce Cases || Kerala High Court Orders DGP to Set Up Special Squads Across Districts for Hit-and-Run Cases

Investment by Foreign Portfolio Investors in Corporate Bonds- (Reserve Bank of India) (26 Nov 2015)

MANU/APDR/0090/2015

Banking

The Reserve Bank of India has permitted Foreign Portfolio Investors to acquire NCDs/bonds which are under partial or full default of repayment of principal. The revised maturity period of such instruments, restructured on negotiation, should be three years or more. However, investment will be limited to the overall limit prescribed for corporate debt, and existing conditions for investment by FPIs will apply.

Relevant : Foreign investment in India by Foreign Portfolio Investors MANU/APDR/0017/2015

Tags : FOREIGN PORTFOLIO INVESTORS CORPORATE BONDS DEFAULT

Share :