Sunday, October 14, 2012

RBI to introduce inflation-indexed bonds soon

......H.R. Khan, Deputy Governor, RBI, explained that the capital (principal) will be adjusted (to inflation) and investors will earn interest on the enhanced capital based on the reference rate. “This (IIBs) is being discussed between the joint group of the RBI and the Government. It will be notified soon,” said Khan at a capital markets summit organised by FICCI.......

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