City
Epaper

FAR for investment by non-residents in government securities

By ANI | Updated: March 31, 2020 00:30 IST

The Reserve Bank of India (RBI) on Monday issued a circular to implement the Union Budget 2020-21 proposal to fully open up the government securities for non-resident investors.

Open in App

New Delhi [India], Mar 30 : The Reserve Bank of India (RBI) on Monday issued a circular to implement the Union Budget 2020-21 proposal to fully open up the government securities for non-resident investors.

"It has been decided in consultation with the government to introduce a separate route, viz., Fully Accessible Route (FAR) for investment by non-residents in securities issued by the Government," said the RBI.

( With inputs from ANI )

Tags: indiaNew DelhiReserve Bank Of IndiaUnion BudgetThe finance ministry of indiaMonetary policy committee of the rbi
Open in App

Related Stories

InternationalIranian President Calls for Constructive Role of Brics to Halt West Asia Conflict During Talks With PM Modi

LifestyleEid 2026 Date: When Will Saudi Arabia, UAE and India Celebrate Eid-ul-Fitr?

MaharashtraMaharashtra CM Devendra Fadnavis Unfurls 200-Foot National Flag at Nagpur’s Kasturchand Park

NationalAhmedabad Traffic Update for India vs New Zealand T20 World Cup Final: Check Road Closures and Alternate Routes Near Narendra Modi Stadium

AurangabadLocal industries feel heat of Global conflict

National Realted Stories

NationalFast breeder reactors to deliver reliable, higher thermal efficiency: Govt

NationalGramin Vikas Bank cheating case: Former MLA Rajender Bharti seeks stay on conviction

NationalJob lure to sale plot: Policewomen rescue minor girl in Delhi, arrest accused

NationalBengal BJP candidate Dalim Roy injured during campaign, condition stable

NationalKarnataka Cong leaders allege LPG crisis, blame Centre for 'livelihood losses'