Rajan says RBI is seeking ways to encourage foreign investment
Central bank to put out paper on opening up to FDI flows
The Reserve Bank of India (RBI) is looking into ways of encouraging flows of foreign direct investment (FDI) governor Raghuram Rajan said today, even as he unveiled tighter rules for foreign investment in Indian corporate bonds.
The RBI held its headline interest rate today at 7.75% following its latest monetary policy meeting, but the central bank did launch several other measures, some monetary, some prudential.
One such measure is new rules governing foreign portfolio investors seeking to
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