Foreign investment in India by SEBI registered FIIs in other securities.

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..... ry-I) banks is invited to A.P.(DIR Series) Circular No.55 dated April 29, 2011, in terms of which the limit for FII investment in non-convertible debentures / bonds issued by Indian companies in the infrastructure sector was enhanced from USD 5 billion to USD 25 billion. This was subject to the conditions that such instruments shall have a residual maturity of five years and above, the investmen .....

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..... ies (IFCs) by the Reserve Bank of India within the overall limit of USD 25 billion. ii) The lock-in-period of three years for FII investment stands reduced to one year up to an amount of USD 5 billion within the overall limit of USD 25 billion. This lock-in-period shall be computed from the time of first purchase by FIIs. iii) The residual maturity of five years and above stipulated would now .....

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