The Reserve Bank of India (RBI) relaxed its rules on foreign portfolio investors (FPI) holding of corporate bonds, stating that it has withdrawn its regulation whereby an FPI could not have an exposure of more than 20% of its corporate bond portfolio to a single corporate, including exposure to e...read more
The Reserve Bank of India (RBI) has raised the limit of collateral-free agricultural loans to Rs. 1.6 lakh from the current Rs. 1 lakh with a view to help small and marginal farmers. The central ba...read more