RBI Announces Slew Of Measures To Boost Foreign Capital Flow

Mumbai: The Reserve Bank on Friday announced a slew of measures, including expanding the basket of specified government securities (G-secs) for overseas investors, to attract foreign capital. "For government securities under the Fully Accessible Route (FAR), we are expanding the universe of 'specified securities' by including all new issuances of 15, 30 and 40-year tenor G-secs. In addition, limits pertaining to short-term investment, concentration and individual securities on FPI investment under the General Route are...