January 09, 2020
The incremental limits for Long Term FPIs shall be available
The existing limit for Foreign Portfolio Investors (FPIs) is Rs 1.44 lakh crore.
sebi_2_0_1_0_0_0.jpg The existing limit for Foreign Portfolio Investors (FPIs)
is Rs 1.44 lakh crore. New wholesale electric
water heater faucet Delhi: To boost inflows of foreign funds into Indian
capital markets, regulator SEBI on October 3 raised the FPI investment limit in
government securities to Rs 1.48 lakh crore, which will be further increased to
Rs 1.52 lakh crore from next January.
The existing limit for Foreign Portfolio
Investors (FPIs) is Rs 1.44 lakh crore. It also decided to enhance limit for
investment by long- term FPIs (Sovereign Wealth Funds, Insurance Funds, Pension
Funds and Foreign Central Banks) in government securities in two tranches from
October 3 and January 2, 2017. For long-term FPIs, limit has been enhanced to Rs
62,000 crore from today onwards. It would be further increased to Rs 68,000
crore from January 2, 2017. Besides, limit for investment by all FPIs in state
development loans (SDL) increased to Rs 17,500 crore. Further, it would be
enhanced to Rs 21,000 crore on January 2, 2017. "
The incremental limits for Long
Term FPIs shall be available for investment on tap with effect from October 3,
2016 and January 2, 2017 respectively," Securities and Exchange Board of India
(SEBI) said in a circular. The incremental limits of Rs 3,500 crore each for
investment by FPIs in SDLs would be available for investment on tap with effect
from today and January 2, next year respectively.
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