He argued that expanding the investment scope would be beneficial and not pose any risks.
"The RBI investment of allowed surplus amount in Vostro accounts in T-bills (Treasury bills), and G-secs (government securities) to increase the popularity of the arrangement. We can also request the RBI to enhance the investment basket to include corporate bonds," Setty said at the sixth national summit of the Associated Chambers of Commerce and Industry of India (Assocham).
This story is from the August 04, 2023 edition of Business Standard.
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This story is from the August 04, 2023 edition of Business Standard.
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