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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

RBI issues FAQs for Portfolio Investment Positions (PIP) by Counterpart Economy (formerly CPIS) - India

01-Dec-2025 | NA

RBI has issued FAQs for Portfolio Investment Positions (PIP) by Counterpart Economy (formerly CPIS) - India Key Highlights: 1. Purpose - The Portfolio Investment Positions (PIP), previously CPIS, is a voluntary IMF exercise to improve data on cross-border portfolio investments by residents in foreign securities. 2. India?s Participation - India reports PIP data semi-annually (end-March and end-September) since 2014, under RBI's submission to IMF. 3. Confidentiality - RBI keeps entity-level data confidential; only aggregated data is shared with the IMF. 4. Eligible Entities - Banks, mutual funds, insurance companies, non-financial companies, NBFCs, and AIFs must report. 5. Survey Process - RBI emails eligible entities the survey schedule; responses are submitted via Excel (.xls) format, and acknowledgements are system-generated. 6. Data to Report - Report consolidated entity-level portfolio investment assets in equity, short-term debt (less than 1 year), and long-term debt (more than 1 year), including country of issuer. 7. Branch Reporting - Only investments by Indian branches (including IFSC zones) to non-residents are included; overseas branch investments and resident-to-resident transactions are excluded. For more information, please refer to the attached document.

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