Options Get Legit, Now RBI should Act

.....Sebi’s change of heart may prove to be a game changer for equity investors and is certain to aid investor sentiment. However, it is now hoped that the RBI too would be changing its antithetical stance towards options. RBI has been known to take a “view” that any optionality in securities in favour of foreign investors makes the investment take the colour of a debt and, therefore, non-FDI compliant. This view has been causing practical roadblocks in the way of ........

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