The Reserve Bank of India (RBI) vide notification dated April 6, 2018 has revised FPI limits in following Government Securities:
a. Central Government securities (G-secs)
b. State Development Loans (SDLs)
c. Corporate bonds
d. Other debt categories
These directions would be applicable with immediate effect.
A separate notification will be issued announcing coupon reinvestment arrangements referred to in paragraph 3(g) and other changes affecting operational aspects of FPI investments in debt, in consultation with SEBI.
