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India: Increased investment limit for Foreign Portfolio Investors in Government Securities and Corporate Bonds (April 2018)

Description

On 6 April 2018, the Reserve Bank of India through "RBI/2017-18/150 A.P.(DIR Series) Circular No. 22" increased the investment limit for Foreign Portfolio Investors (FPIs) in Central Government Securi...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

06 Apr 2018

Revocation date

31 Mar 2019

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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