Fpis- Government of Singapore.
RBI allowed Fpis to invest in treasury bills.
Foreign Portfolio Investors Fpis.
There is an option for Fpis to register as company.
RBI withdrew 20%
limit on investment by Foreign Portfolio Investors(Fpis) in corporate bonds of an entity.
Under current norms, Fpis are allowed to collectively invest up to 24%
in a listed Indian company.
Despite, the market turmoil, Fpis have invested around Rs 120 billion in the
domestic markets this month.
Further, SEBI has allowed entities
registered at an international financial services centre to be automatically classified as Fpis.
Earlier, capital gains were a more viable option for Fpis, as they could claim benefits under the treaties.
This year, the net outflows by Fpis till date, including equity,
debt and hybrid, have been Rs 47,891 crore.
The Reserve Bank of India(RBI)
has allowed foreign portfolio investors(Fpis) to invest in treasury bills issued by the central government.
In addition, net investments by Fpis under the voluntary retention route have aggregated
US$ 7.8 billion since March 11, 2019.
The Reserve Bank of India(RBI) eased investment norms for foreign portfolio investors(Fpis) in debt, especially into individual large corporates.
Proposed transfer/sale of investments by FIIs/Fpis(in debt securities issued by IDF-NBFCs)
to any domestic investor within the specified lock-in period.
The Reserve Bank of India(RBI) has eased investment norms for foreign portfolio investors(Fpis) in debt, especially into individual large corporates.
Reserve Bank of India(RBI)
has eased the norms for Foreign Portfolio Investors(Fpis) to invest in debt, particularly into individual large businesses.
According to depository data, foreign portfolio investors(Fpis) infused a net sum of Rs 14,348 crore($2.2 billion)
in equities during November 1-17.
The Reserve Bank of India(RBI)
has eased the norms for Foreign Portfolio Investors(Fpis) to invest in debt, particularly into individual large businesses.
The Fpis cap on investment in Government securities(G-secs) has been
increased to 30% of outstanding stock of that security, from 20% earlier.
Fpis under VVR would be eligible for participating in repo for liquidity only
if their amount doesn't exceed 10% of their investment under VRR.
Fpis will be given 6 months to comply to new rules
and non-compliant investors can be given further 180 days to stop their operations.
To comply to new rules, Fpis will be given 6 months
and non-compliant investors can be given further 180 days to stop their operations.
This is only the second time, when Fpis had taken bearish stance on the capital
markets in the first 6 months of the year.
In another significant move, the watchdog decided to simplify Know Your Client(KYC)
requirements for foreign portfolio investors(Fpis), as well as broad-based the criteria for them.
Fpis would be classified into two categories instead of three,
while the requirements for the issuance and subion of offshore derivative instruments(ODIs), would be rationalised.
Also the Fpis under VVR would be eligible for participating in repo for liquidity
only if their amount doesn't exceed 10% of their investment under VRR.
Foreign Portfolio Investors, Fpis, withdrew over 5,300 rupees crore from the Indian
capital markets in January, indicating their'wait and watch' approach ahead of the general elections.
Stepping up its crackdown on money laundering and round-tripping,
SEBI recently came out with a detailed framework for risk-based Know Your Client(KYC) documentation of foreign portfolio investors(Fpis).
The Reserve Bank of India(RBI) announced that Masala bonds will be treated as External Commercial Borrowings(ECB)
from 3rd October 2017 thereby freeing up more investments by Fpis.
Foreign Portfolio Investors(Fpis) withdrew more than Rs 5,300
crore from the capital markets in January, signalling a‘wait and watch' approach by them ahead of the general elections.