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Centre plans to restructure PM-AASHA with ₹28,100 crore corpus

Plans to consolidate marquee schemes to safeguard the interests of farmers and consumers

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RBI may consider issuing bonds to help soak up foreign money into stocks

RBI may consider issuing bonds to help soak up foreign money into stocks
The RBI report recommended further strengthening foreign-exchange reserves, citing the swings in the rupee around the time of the global taper tantrum in 2013
(Photo: Mint)Premium
Subhadip Sircar,
, Bloomberg
Current laws forbid the RBI from selling its own paper, and budgetary constraints could prevent the government from issuing so-called market stabilization scheme, or MSS, bonds that authorities have used in the past
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The Reserve Bank of India may consider issuing its own bonds to help soak up a deluge of foreign money into stocks that threatens financial stability, according to a report published by its researchers.

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