Question
Consider the following statements regarding recent RBI
reforms on Foreign Portfolio Investors (FPIs) in corporate debt securities: 1. The Reserve Bank of India (RBI) has removed the short-term investment limit for FPIs in corporate debt. 2. Earlier, FPIs were restricted to investing not more than 25% of any corporate debt issue. 3. The recent reform is aimed at deepening the corporate bond market and attracting more stable foreign investment. Which of the above statements is/are correct?Solution
тАв Statement 1: Correct. The RBI has scrapped the short-term investment limit for FPIs in corporate debt securities. This makes it easier for FPIs to participate without maturity-linked restrictions. тАв Statement 2: Incorrect. The earlier rule was not 25% but 50% cap, i.e., FPIs (including related entities) could not invest more than 50% of any single corporate debt issue. тАв Statement 3: Correct. The reform is explicitly intended to deepen IndiaтАЩs corporate bond market and attract more stable foreign investment, particularly at a time when inflows have been volatile. Hence, the correct answer is 1 and 3 only.
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рдЧрд╛рдВрдзреАрд╡рд╛рдж рдХреЗрд╡рд▓ (1)/рджрд░реНрд╢рди рддрдХ (2)рдЕрдзреНрдпрд╛рддреНрдо рдЕрдерд╡рд╛ (3,) рд╕реАрдорд┐рдд рд╣реЛ рдРрд╕я┐╜...
рдпрдерд╛рд╢рдХреНрддрд┐ рдореЗрдВ рдХреМрди рд╕рд╛ рд╕рдорд╛рд╕ рд╣реИ
рдХреМрди-рд╕рд╛ рд╢рдмреНрдж 'рджреИрддреНрдп' рдХрд╛ рдкрд░реНрдпрд╛рдпрд╡рд╛рдЪреА рдирд╣реАрдВ рд╣реИ?
рдЗрдирдореЗ рд╕реЗ рд╕рдВрдпреБрдХреНрдд рд╕реНрд╡рд░ рд╣реИ -
"рдЕрддрд┐" рдХрд╛ рд╕рд╣реА рдЙрдкрд╕рд░реНрдЧреАрдп рдЕрд░реНрде рдХреНрдпрд╛ рд╣реИ?
'рдЬрд┐рд╕рдХреА рдЖрд╢рд╛ рди рдХреА рдЧрдИ рд╣реЛ' рдХреЗ рд▓рд┐рдП рдЙрдкрдпреБрдХреНрдд рдПрдХ рд╢рдмреНрдж рд╣реИ-┬а
рдЕрдВрдЧреЛрдЫрд╛ рддрджреНрднрд╡ рд╢рдмреНрдж рдХрд╛ рддрддреНрд╕рдо рд╣реЛрдЧрд╛-
рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╕реЗ рдХреМрди рд╕рд╛ рд╕рд╣реА рд╕реБрдореЗрд▓рд┐рдд рдпреБрдЧреНрдо┬а рдирд╣реАрдВ рд╣реИ
' рдЪреВрд░рди ' рдХрд╛ рддрддреНрд╕рдо рд╢рдмреНрдж рд╣реИ __________