Un-utilised FPI limits in government securities to be carried forward- (Reserve Bank of India) (29 Mar 2016)

MANU/APDR/0017/2016

Banking

The Central Government has allowed long term limits in government securities left un-utilised by FPIs to be carried onward to the subsequent tranche for the second half of the year. As such, the total investment possible by FPIs in government securities is increased Rs. 10,000 crore and availability in State Development Loans is increased by Rs. 13,500 crore in the upcoming period.

Relevant : Investments by FPIs in Government securities MANU/SIPM/0002/2016 Securities under UDAY closed for Bihar, Jharkhand and Punjab MANU/RPRL/0094/2016 Foreign Exchange Management - Transfer or issue of security MANU/RFEM/0012/2000 Investment by Foreign Portfolio Investors in Government Securities MANU/APDR/0078/2015

Tags : FPI GOVERNMENT SECURITY LIMITS CARRY FORWARD