GREATER NOIDA, MAY 4:
The final guidelines for inflation-indexed bonds are likely to be ready in a month’s time, RBI Deputy Governor H. R. Khan has said. This means there has been a further delay to the earlier indicated timeline of mid-May for announcement of the features for the proposed bonds. “We are at an advanced stage of discussion with the Finance Ministry. It will be finalised in a month”, Khan told reporters on the sidelines of a Confederation of Indian Industry event on Indian Financial Markets here on Saturday. This meeting was held as part of the ongoing 46th Annual Meeting of the Board of Governors of the Asian Development Bank..........
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