India tweaks some debt limit rules for foreign investors

India will allow foreign investors to re-invest up to 50 percent of their debt

RELATED ARTICLES

holdings from the previous calendar year starting in January 2014, market regulator Securities and Exchange Board of India (SEBI) said in a statement.

SEBI has also cut the period to use up corporate debt limits to 60 days from the current 90 days, and government debt limits to 30 days from 45 days, effective immediately, it said in the statement.

Foreign investors can also start buying and using up limits for long term infrastructure corporate debt without SEBI approval for up to 90 percent of the total category limit of $12 billion, the document showed.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Merger of FMC with Sebi could be precursor to a super markets regulator

    Finance minister Arun Jaitley’s decision to merge commodity market regulator FMC with market watchdog Sebi is a welcome step.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Simon J Evenett

What to expect from WTO this year

Following world trade talks isn’t for the faint hearted. After ...

Kuruvilla Pandikattu SJ

The five deaths that we suffer

In the sixteenth century, French philosopher Michel de Montaigne, in ...

Shona Adhikari

Art world celebrates two ‘new’ Cezannes

The focus moves once more to post-impressionist Paul Cezanne, who ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture