The RBI has issued clarification w.r.t Investment by FPIs in Govt. securities. Accordingly, RBI clarified that short-term investments by an FPI in government securities and corporate bonds shall not exceed 30% of the total investment of that FPI in any category. It has been decided that investments by FPIs in government securities and corporate bonds made between July 08, 2022 and October 31, 2022 shall be exempted from the limit on short-term investments till maturity or sale of such investmentThe RBI has issued clarification w.r.t Investment by FPIs in Govt. securities. Accordingly, RBI clarified that short-term investments by an FPI in government securities and corporate bonds shall not exceed 30% of the total investment of that FPI in any category. It has been decided that investments by FPIs in government securities and corporate bonds made between July 08, 2022 and October 31, 2022 shall be exempted from the limit on short-term investments till maturity or sale of such investmenttaxmann.com Latest Statutory HappeningsRead More
