Leaders of the powerful G7 grouping and its five partner countries, including India issued a joint statement titled '2022 Resilient Democracies Statement'.
The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
SEBI provided an additional payment option of UPI or unified payments interface mechanism to retail investors to apply in the public issue of REITs and InvITs for application value up to Rs 5 lakh.
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