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Global Trade Alert

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India: Clarification and amendment to policy for FPI investments in debt instruments

Description

On 1 May 2018, the Reserve Bank of India through "RBI/2017-18/170 A.P. (DIR Series) Circular No. 26" issued certain clarifications with regards to Circular No. 24 issued on 27 April 2018, which amende...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

01 May 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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