Finance
Potter HeadRBI Unleashes Magic: Investment Cap Vanishes for Foreign Wizards
In a dazzling display of wizardry, the Reserve Bank of India has lifted the magical ₹2.5 trillion investment cap for foreign portfolio investors! This enchanting move, unveiled on a fateful Friday, opens the floodgates for long-term funds to flow into the mystical Indian debt markets, promising stability and charm amidst the tempestuous tides of global finance.
few days ago | Anjali Kumari
Quick rundown
1.RBI removes ₹2.5 trillion cap on VRR for FPIs.
2.Move aims to deepen Indian bond markets.
3.Greater flexibility for foreign investors in Indian debt.
4.Proposed frameworks for derivatives on corporate bonds.
5.Regulatory easing could boost credit for MSMEs.
