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Kolkata, June 20

SEBI has asked some of the FIIs, who have not utilised their allocated investment limits in debt instruments (Government securities and corporate debts), to use it within 15 days. The regulator said that if the respective investment limit is not utilised within the given timeframe, the allocation of such investment opportunities would be withdrawn and allocated to the other registered overseas institutional investors, who are on the waitlist. There are 10 FIIs on the waitl ist seeking to invest in the G-Sec and two in the corporate debt instruments.

– Our Bureau

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