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March 2015

A. P. (DIR Series) Circular No. 72 dated February 5, 2015

By Gaurang Gandhi Chartered Accountant
Reading Time 1 mins
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Foreign investment in India by Foreign Portfolio Investors

This circular permits, with immediate effect, Foreign Portfolio Investors (FPI) to invest in government securities the coupons received by them on their existing investments in government securities. These investments will be outside the current limit of US $ 30 billion available for investments by FPI in government securities.

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