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4 hours ago

Duration: 0h 1m 44s

NRIs can now invest in corp debt from special rupee vostro accounts

Name: NRIs can now invest in corp debt from special rupee vostro accounts
Uploaded: Fri, 03 Oct 2025 22:13:46 +0530
Channel: Rediff Video Desk
Description: Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills.It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company, the RBI said.

Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills. "It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.

Uploaded by: Rediff Video Desk on Fri, 03 Oct 2025 22:13:46 +0530

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