Connect us       New User?     Subscribe Now
Confirm your Email ID for Updates
BANKING
FIIs can buy corporate debt if listed in 15 days: RBI
Fri, 02 Mar 2012 13:43:00 +0530
Business Standard Economy Policy News

Foreign institutional investors can buy Indian corporate debt only if the securities are listed within 15 days, the Reserve Bank of India said on Friday.

In case the bonds are not listed within the stipulated time, investors should immediately sell them to a third party or to the issuer, the RBI said in a statement.
Online Poll
Connect Us       New User?     Subscribe Now