The opportunity has been also been extended to long term investors registered with Sebi - Sovereign Wealth Funds (SWFs), Multilateral Agencies, Pension/ Insurance/ Endowment Funds, Foreign Central Banks, the RBI said.
Relaxing the debt allocation norms for foreign institutional investors (FIIs), Sebi said such entities can invest in government securities without purchasing debt limits till the overall investment reaches 90 percent.
Market regulator Securities Exchange Board of India (Sebi) on Saturday proposed uniform guidelines for all classes of foreign investors, a step aimed at simplifying the investment process for overseas entities and strengthen surveillance over them.
The Reserve Bank of India (RBI) is against the finance ministry's proposal of creating a separate limit of USD 10 billion for qualified foreign investors (QFIs) investments in corporate bonds, reports CNBC-TV18.
The government is going to hold road shows in the Middle East in a bid to woo qualified foreign investors from there, reports CNBC-TV18's Aakansha Sethi.
Tata Mutual Fund may go in for strategic tie-ups that will offer opportunity to qualified foreign investors (QFIs) to tap the Indian market.