In a bid to attract more investment in government and corporate debt, the Reserve Bank of India (RBI), in consultation with the Centre, has doubled the investment cap for foreign portfolio investors (FPI) under the ‘voluntary retention route’ (VRR) to ₹1.5-lakh crore. These limits will be available ‘on tap’ and allotted on ‘first come, first served’ basis.
ETFs also opened
The new VRR scheme also allows FPIs to invest in Exchange Traded Funds (ETFs) that invest only in debt instruments. So far, they could invest only in government and corporate debt. The minimum retention period for these investments is three years.
هذه القصة مأخوذة من طبعة January 24, 2020 من The Hindu Business Line.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 24, 2020 من The Hindu Business Line.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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