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Sep 25th 2017

FIIs Allowed to Buy Rs 270 billion more of Corporate Bonds in Q3FY18

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RBI, from 3rd October, will categorise Rupee Denominated Bonds known as Masala Bonds as ECBs (External Commercial Borrowings) and allow FIIs to buy into Rs 440 billion of Corporate Bonds over the next two quarters.

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Arjun Parthasarathy
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