Current Affairs of 18 June 2018
Keshav Kishore , Published On:18-Jun-2018
1. Ease of FPI norms of RBI
· Reserve bank has made simple the Foreign Portfolio Investment (FPI) norms in debt.
· FPIs are now allowed to invest in various money market instruments such as t-bills and debt market instruments such as t-bill.
· This decision will attract more overseas sum to flow in the country and which will further revamp the market by the fall in the rupee and corporate bonds.