Tuesday June 17 2014

News Source: Global Disclosures

Focus: Foreign Investment

Type: General

Country: India




The Reserve Bank of India has announced that the following foreign investors may invest on a repatriation basis in non-convertible or redeemable preference shares or debentures issued by an Indian company listed on a recognized stock exchanges in India, within the overall limit of USD 51 billion earmarked for corporate debt:

  • registered Foreign Institutional Investors (FIIs)
  • Qualified Foreign Investors (QFIs) deemed as registered Foreign Portfolio investors
  • registered Foreign Portfolio Investors (FPIs)
  • long term investors registered with SEBI – Sovereign Wealth Funds (SWFs), Multilateral Agencies, Pension/ Insurance/ Endowment Funds, foreign Central Banks.

Click on the above link for details.