RBI Opens Carry Trade Window into Infrastrcuture Funding
RBI has now released a circular with
'it has been decided that Non-Banking Financial
Companies (NBFCs) categorized as Infrastructure Finance Companies (IFCs) by the Reserve Bank of India (RBI) shall also now be considered eligible issuers for the Purposes of FII Investment under the corporate debt long term infra category'
Full Below
Let's see how much debt inflow now move into India's High Rate Environment from those low interest regime versus dollar going to their own cash strapped defaulting banking systems.
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