......Talks are on between the finance ministry, Securities & Exchange Board of India and Reserve Bank of India over the proposal, said a senior official with knowledge of the plan. The official said such a move makes sense as the overall investment limit for foreign funds in government bonds will not be changed. It will instead allow investors who want the bonds to acquire them while leading to an overall lowering of bond yields and greater liquidity. RBI has been uncomfortable with allowing.............
No comments:
Post a Comment