MUMBAI, India, April 3 -- Reserve Bank of India issued the following notification:
RBI/2025-26/20
A.P. (DIR Series) Circular No. 01
April 03, 2025
To,
All Authorized Persons
Madam / Sir
Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs)
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 1 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 relevant Directions issued thereunder.
2. Reference is also invited to the following directions issued by the Reserve Bank:
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A.P. (DIR Series) Circular No. 23 dated February 10, 2...