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The Reserve Bank of India (RBI) has decided to permit FPIs to invest in debt securities issued by InvITs and REITs. As a result, FPIs can acquire debt securities issued by InvITs and REITs under the Medium-Term Framework (MTF) or the Voluntary Retention Route (VRR). Such investments shall be reckoned within the limits and shall be subject to the terms and conditions for investments by FPIs in debt securities under the respective regulations of MTF and VRR.The Reserve Bank of India (RBI) has decided to permit FPIs to invest in debt securities issued by InvITs and REITs. As a result, FPIs can acquire debt securities issued by InvITs and REITs under the Medium-Term Framework (MTF) or the Voluntary Retention Route (VRR). Such investments shall be reckoned within the limits and shall be subject to the terms and conditions for investments by FPIs in debt securities under the respective regulations of MTF and VRR.taxmann.com Latest Statutory HappeningsRead More