RBI opens corporate debt doors for non residents via special rupee vostro accounts

Published on 24 April 2026

Key RBI limits on FPIs won’t apply here

RBI has revised norms allowing non-residents to invest in corporate debt through special rupee vostro accounts (SRVAs). Introduced in July 2022 to settle international trade in rupees, the SRVA route is now set to boost participation in India’s corporate bond market. Such investments will count under FPIs’ General Route limits, but minimum residual maturity and issue-wise caps won’t apply.

Non-residents can now invest in corporate debt via SRVAs
SRVAs were created to settle trade in Indian rupees since July 2022
Corporate debt investments count under FPIs General Route limits
FPI-specific minimum maturity and issue-wise restrictions won’t apply

#foreign portfolio investors #rupee vostro #corporate bonds #nri #rbi

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

RBI opens corporate debt doors for non residents via special rupee vostro accounts

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