Please refer to A.P. (DIR Series) Circular No. 27 [(1)/20(R)] dated May 03, 2018 and SEBI Circulars, IMD/FPIC/CIR/P/2018/61 dated April 05, 2018, IMD/FPIC/CIR/P/2018/74 dated April 27, 2018 and SEBI/HO/IMD/FPIC/CIR/P/2018/81 dated May 17, 2018.

With effect from June 01, 2018, the monitoring of foreign investment limits on account of purchase/sale by foreign portfolio investors (FPIs) and Non-resident Indians (NRIs) on the stock exchanges, as per Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2017, dated November 7, 2017 and as amended from time to time, would be governed as per the new monitoring system detailed out in the above SEBI circulars. Therefore, all earlier press releases by RBI in this regard would stand superseded by the new monitoring system.