Live Help
Get News Alerts from on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session

RBI widens scope of FPIs investment in corporate bonds

May 2, 2018
In order to bring consistency across debt categories, it is stipulated that investments by an FPI in corporate bonds with residual maturity below one year shall not exceed, at any point in time, 20 per cent of the total investment of that FPI in corporate bonds. Earlier, FPIs were permitted to invest in corporate bonds with minimum residual maturity of three years or above. Now more companies would be able to hit corporate bonds market to meet capital requirements.
read more
Best view in 1140 x 768