The RBI vide its notification dated 28 September 2017, has increased the limits for investment by FPIs for the quarter October-December 2017 is increased by INR 80 billion in Central Government Securities and INR 62 billion in State Development Loans. The enhanced limits are as below:
Limits for FPI investment in Government Securities | |||||
₹ Billion | |||||
Quarter Ending | Central Government securities | State Development Loans | Aggregate | ||
General | Long Term | General | Long Term | ||
Existing Limits | 1877 | 543 | 285 | 46 | 2751 |
October-December | 1897 | 603 | 300 | 93 | 2893 |
The revised limits shall be effective from 3 October 2017. Source:https://www.rbi.org.in/scripts/NotificationUser.aspx?Id=11132&Mode=0