Mumbai: The Reserve Bank of India (RBI) on Thursday said it will raise foreign portfolio investors’ (FPIs) investment limits in government bonds for the next quarter October-December 2017. According to an RBI notification, the limit will be raised by Rs 8,000 crore in central government securities and Rs 6,200 crore in state development loans. “The […]
New Delhi: The Union Cabinet on Wednesday approved the modification to the existing partial credit guarantee scheme for NBFCs. Post the modification, the scheme will be extended to bonds or commercial papers (CPs) issued by NBFCs, housing finance companies, and microfinance companies, whereby the government would provide the sovereign portfolio guarantee of up to 20 […]
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