MUMBAI, India, May 8 -- Reserve Bank of India issued the following notification:
RBI/2025-26/35
FMRD.FMD.No.01/14.01.006/2025-26
May 08, 2025
To,
All Authorised Persons
Madam/Sir,
Investments by Foreign Portfolio Investors in Corporate Debt Securities through the General Route - Relaxations
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA. 396/2019-RB dated October 17, 2019, as amended from time to time; and the Master Direction - Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025 dated January 07, 2025 [hereinafter, 'Master Direction'].
2. At present, investments b...