FPI,SWF investments in securities to be part of $51 bn debt cap
RBI on Thursday said investments by FPIs and Sovereign Wealth Funds in non-convertible shares, redeemable preference shares or debentures will be included within the USD 51 billion limit meant for corporate debts.
Jun 06, 2014, 23:16 PM IST
RBI says foreign investment in non-convertible shares to be part of corp debt limits
Reserve Bank of India (RBI) said on Friday it has decided to include investments in non-convertible shares, redeemable preference shares and debentures within the $51 billion limit reserved for foreign investment in corporate debt in India.
Jun 06, 2014, 20:19 PM IST
