On 1 April the Indian government through complimentary circulars issued by the Reserve Bank of India and the Securities and Exchange Board of India (SEBI) rationalized sub-limits set on debt investments by foreign institutional investors (FIIs) in India. Mindful of the rising current account deficit and looking to encourage further foreign investments into India, the government has essentially abolished the various sub-limit classifications applicable to corporate debt limits and government debt limits.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
