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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.

 

    






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