Author Topic: India budget encourages more foreign inflows  (Read 3275 times)

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komal

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India budget encourages more foreign inflows
« on: March 16, 2012, 03:02:42 PM »
To deepen the corporate bond markets, the Finance Ministry announced direct access to corporate bonds for Qualified Foreign Investors. Earlier, offshore investors were allowed to purchase corporate bonds under the USD45bn quota but only via sub-accounts registered with SEBI.