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RBI eases norms for FPI investments in bonds

Updated : April 30, 2018 05:41:15 IST

The Reserve Bank of India (RBI) has eased norms for Foreign Portfolio Investment (FPI) in government bonds.

The central bank has withdrawn the investment cap that barred foreign investors from investing in Indian bonds with less than a three-year maturity.

The RBI has also given a nod for housing finance companies to access external commercial borrowings.

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