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RBI simplifies norms on foreign investment in bonds
April 13, 2013April 13, 2013by In Infrastructure Finance

RBI simplifies norms on foreign investment in bonds

The Reserve Bank of India (RBI) has simplified investment norms for foreign investors in the bond market. Earlier, there was a restriction that foreign investors can invest a maximum of $10 billion in treasury bills. Now, the central bank prescribed a overall cap of $25 billion on investment in government bonds, including both long- and short