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India: Increased investment limit for Foreign Portfolio Investors in Government Securities and Corporate Bonds (March 2019)

Description

On 27 March 2019, the Reserve Bank of India through "RBI/2018-19/152 A.P. (DIR Series) Circular No. 26" increased the investment limit for Foreign Portfolio Investors (FPIs) in Central Government Secu...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

01 Apr 2019

Revocation date

31 Mar 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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