{"id":933,"date":"2025-05-08T18:00:00","date_gmt":"2025-05-08T18:00:00","guid":{"rendered":"https:\/\/jbco.co.in\/investments-by-foreign-portfolio-investors-in-corporate-debt-securities-through-the-general-route-relaxations-2\/"},"modified":"2025-05-08T18:00:00","modified_gmt":"2025-05-08T18:00:00","slug":"investments-by-foreign-portfolio-investors-in-corporate-debt-securities-through-the-general-route-relaxations-2","status":"publish","type":"post","link":"https:\/\/jbco.co.in\/?p=933","title":{"rendered":"Investments by Foreign Portfolio Investors in Corporate Debt Securities through the General Route \u2013 Relaxations"},"content":{"rendered":"<table width=\"100%\" border=\"0\" align=\"center\" class=\"td\">\n<tr>\n<td>\n<p> RBI\/2025-26\/35<br \/>  FMRD.FMD.No.01\/14.01.006\/2025-26<\/p>\n<p align=\"right\">May 08, 2025<\/p>\n<p>To,<\/p>\n<p>        All Authorised Persons<\/p>\n<p>Madam\/Sir, <\/p>\n<p align=\"center\" class=\"head\">Investments by Foreign Portfolio Investors in Corporate Debt Securities through the General Route \u2013 Relaxations<\/p>\n<p>Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the <a href=\"https:\/\/www.rbi.org.in\/Scripts\/NotificationUser.aspx?Id=12099&amp;Mode=0\" target=\"_blank\" class=\"links\">Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA. 396\/2019-RB dated October 17, 2019<\/a>, as amended from time to time; and the <a href=\"https:\/\/rbi.org.in\/Scripts\/BS_ViewMasDirections.aspx?id=12765\" target=\"_blank\" class=\"links\">Master Direction &#8211; Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025 dated January 07, 2025<\/a> [hereinafter, \u2018Master Direction\u2019].<\/p>\n<p><span class=\"head\">2.<\/span> At present, investments by Foreign Portfolio Investors (FPIs) in corporate debt securities through the General Route are subject to the short-term investment limit and the concentration limit as prescribed in paragraphs 4.4(iii) and 4.4(v) of the Master Direction, respectively. On a review, and with a view to providing greater ease of investment to FPIs, it has been decided to withdraw the requirement for investments by FPIs in corporate debt securities to comply with the short-term investment limit and the concentration limit. <\/p>\n<p><span class=\"head\">3.<\/span> The directions in this circular are issued with immediate effect. <\/p>\n<p><span class=\"head\">4.<\/span> The <a href=\"https:\/\/rbi.org.in\/Scripts\/BS_ViewMasDirections.aspx?id=12765\" target=\"_blank\" class=\"links\">updated Master Direction<\/a> is enclosed herewith. <\/p>\n<p><span class=\"head\">5.<\/span> AD Category-I banks may bring the contents of these directions to the notice of their constituents.<\/p>\n<p><span class=\"head\">6.<\/span> The directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) without prejudice to permissions\/approval, if any, required under any other law.<\/p>\n<p align=\"right\">Yours faithfully<\/p>\n<p align=\"right\">(Dimple Bhandia)<br \/>        Chief General Manager<\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>RBI\/2025-26\/35 FMRD.FMD.No.01\/14.01.006\/2025-26 May 08, 2025 To, All Authorised Persons Madam\/Sir, Investments by Foreign Portfolio Investors in Corporate Debt Securities through the General Route \u2013 Relaxations Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA. 396\/2019-RB dated October 17, 2019, as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-933","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=933"}],"version-history":[{"count":0,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/933\/revisions"}],"wp:attachment":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}