Govt, RBI likely to increase FPI limit in long-term government securities

FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent

The government and the Reserve Bank of India (RBI) are highly likely to increase the foreign portfolio investment (FPI) limit in long-term government securities (G-secs), Business Standard has learnt. The official announcement will be made before the end of this week.
 
Policymakers from North Block and Mint Road have been discussing the possibility of raising the FPI limits in government securities, along with deliberations on the borrowing programme for April-September 2018. Senior government officials confirmed that a hike in FPI limit is on the cards. However, they declined to comment on how much the increase could be in percentage