Sops for FPI investment in defaulted bonds to boost liquidity
Sops for FPI investment in defaulted bonds to boost liquidity February 05, 2021 Market experts also attribute the spike in FPI inflows to the recent spate of fundraising by Indian corporates Market experts also attribute the spike in FPI inflows to the recent spate of fundraising by Indian corporates× In order to further boost foreign portfolio investments in the corporate bond segment, the RBI has proposed to exempt FPI investment in defaulted corporate bonds from the short-term limit and the minimum residual maturity requirement under the Medium Term Framework. Detailed guidelines are be...