The Reserve Bank of India on Tuesday said the limits for investment by foreign portfolio investors (FPIs) for the January-March 2018 quarterhas been increased by ₹6,400 crore in Central Government Securities (G-Secs) and ₹5,800 crore in State development loans (SDLs).
With effect from January 1, 2018, the revised investment limit for FPIs in G-Secs will be ₹2,56,400 crore against the existing limit of ₹2,50,000 crore.
Within G-Secs, the general investment limit has been enhanced by ₹1,600 crore to ₹1,91,300 crore and the long-term investment limit by ₹4,800 crore to ₹65,100 crore. The revised investment limit for FPIs in SDLs will be ₹45,100 crore against the existing limit of ₹39,300 crore.
Within SDLs, the general investment limit has been enhanced by ₹1,500 crore to ₹31,500 crore and the long-term investment limit by ₹4,300 crore to ₹13,600 crore.
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