TMI BlogForeign investment in India by SEBI registered FIIs in other securities.X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 investments would have a lock-in-peri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f 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 onwards refer to the original matu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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