RBI vide notification Nos. RBI/2019-20/199 & RBI/2019-20/214 dated March 30, 2020 & April 15 respectively, issues directions to the Authorised Directory category-1 banks regarding investment limits for FY 2020-21 by FPIs in debt instruments.
Investment Limits for FY 2020-21:
- The limit for FPI investment in corporate bonds is increased to 15% of outstanding stock for FY 2020-21.
Accordingly the revised limits for FPI investment in corporate bonds are as follows:
Particulars | Rs. in Crores |
Current FPI Limit | 3,17,000 |
Revised for HY Apr 2020 – sep 2020 | 4,29,244 |
Revised for HY Oct 2020 – Mar 2020 | 5,41,488 |
- The revised limits for FPI investment in Central Government securities (G-secs) and State Development Loans (SDLs) for FY 2020-21 are as follows,
Current FPI Limits (Rs. in crores) | Revised for HY Apr 2020 – sep 2020 | Revised for HY Oct 2020 – mar 2020 | |
G- Sec General | 2,46,100 | 2,34,531 | 2,34,531 |
G- Sec Long Term | 1,15,000 | 1,03,531 | 1,03,531 |
SDL General | 61,200 | 64,415 | 67,630 |
SDL long Term | 7,100 | 7,100 | 7,100 |
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