Reserve Bank of India today released a discussion paper on ‘Voluntary Retention Route’ (VRR) for investment by FPIs. Comments on the discussion paper are invited from market participants and other interested parties by October 19, 2018.

Feedback on the discussion paper may be forwarded to:

The Chief General Manager, Reserve Bank of India
Financial Markets Regulation Department
1st Floor, Main Building
Shahid Bhagat Singh Marg, Fort,
Mumbai – 400001

Or by email with subject line “Feedback on Discussion Paper on VRR”

Background

Reserve Bank of India, in its Statement on Developmental and Regulatory Policies, the Fourth Bi-monthly Monetary Policy Statement dated October 05, 2018, has announced that it will release a discussion paper on ‘Voluntary Retention Route’ (VRR) for investment by FPIs for public consultation. Accordingly, the discussion paper is being issued for feedback.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/806