Source: http://finance.yahoo.com/news/rbi-displays-cautious-approach-overseas-110311293.html
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Wednesday, February 4, 2015
RBI displays cautious approach to overseas debt investments
The Reserve Bank of India said it would allow foreign funds to re-invest interest earned from government bond coupons back into markets, but kept overall investment limits unchanged and prevented purchases of short-term corporate debt. The actions, unveiled at the RBI's policy review on Tuesday, reflect the central bank's cautious approach to foreign investment, which is integral to narrowing ...
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