RBI offers concessional forex swap till Sept 30 to incentivise overseas borrowings by PSUs; Eases investment limits to attract foreign capital
New Delhi [India], June 5 (ANI): The Reserve Bank of India on Friday unveiled a series of targeted regulatory changes designed to attract foreign capital and ease investment bottlenecks, expanding the scope of government securities available to international investors and easing limits for overseas individuals. Delivering the Monetary Policy Statement, RBI Governor Sanjay Malhotra introduced temporary financial mechanisms to encourage…
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