Fully Accessible Route
- Foreign investors have invested over Rs 51,730 crore ($6 billion) in Indian bonds through the Fully Accessible Route (FAR) since January.
- FAR bonds are Indian government securities that foreign investors can buy without investment caps.
- Introduced by the RBI in March 2020 to boost foreign participation in India's bond market.
- Allows non-residents to invest in specified Government of India dated securities.
- Eligible investors include Foreign Portfolio Investors (FPIs), Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and other RBI-permitted ....