Foreign Portfolio Investment in Corporate debt securities

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..... vestment in Corporate debt securities 1. SEBI, vide circular SEBI/HO/IMD/FPIC/CIR/P/2016/67 dated August 04, 2016 had redefined the INR 244,323 cr Corporate debt limit for FPIs as the Combined Corporate Debt Limit (CCDL) for all foreign investments in Rupee denominated bonds issued both onshore and overseas by Indian corporates. 2. RBI vide circular RBI/2017-18/64 A.P. (DIR Series) Circular .....

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..... is amount shall be carved out of erstwhile CCDL and will be added to the new limit of CDIL as under:- All figures are in INR cr October 02, 2017 October 03, 2017 January 01, 2018 CCDL* 244,323 0 0 CDIL 0 .....

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..... s shall be INR 9,500 cr with effect from October 03, 2017 and shall be enhanced to INR 19,000 cr on January 01, 2018. This sub-limit shall be available for investment on tap. 7. The sub-limit for Long Term FPIs shall include their investment in both listed and unlisted corporate debt issued by companies in the infrastructure sector. As prescribed in the SEBI circular SEBI/HO/IMD/FPIC/CIR/P/2017 .....

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