Foreign investment in India by Foreign Portfolio Investors

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..... Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA.20/2000-RB dated May 3, 2000, as amended from time to time, in terms of which registered Foreign Portfolio Investors (FPIs) may purchase, on repatriation basis Government securities and non-convertible debentures (NCDs) / bonds issued by an Indian company subject to such terms an .....

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..... h investments as may be prescribed from time to time. 4. The aforesaid directions come into force with immediate effect. Further operational guidelines will be issued by SEBI. 5. All other existing conditions for investment by FPIs in the Government securities market remain unchanged for this additional facility as well. 6. AD Category - I banks may bring the contents of this circular to the no .....

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