National Pension Service

According to CNA Business, South Korea's National Pension Service, the world’s third-largest state pension fund with more than $1.3 trillion in assets, is seeking a licence to invest in Indian government bonds under SEBI's lower compliance window. The move aims to deepen foreign participation in India's debt market as rupee sits near historic lows, with foreign holdings in government bonds totaling about 4 trillion rupees. The SEBI window reduces required documentation to every 10 years for eligible investors, making the process easier for pension funds and sovereign wealth funds.