RBI Allows Foreign Investors To Dabble In Municipal Bonds
An employee, holding an umbrella to shade him from the sun, supervises dumping at the Municipal Corporation of Delhi’s landfill site on the outskirts of New Delhi. (Photographer: Sanjit Das/Bloomberg News)

RBI Allows Foreign Investors To Dabble In Municipal Bonds

The Reserve Bank of India has allowed foreign portfolio investors to invest in municipal bonds.The measure will “broaden access of non-resident investors to debt instruments in India”, the Reserve ...
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