RBI opposes offshore settlement for sovereign bonds, favoring direct participation of foreign investors on the domestic NDS-OM platform.

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic NDS-OM platform. Despite recent tax…

India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead, it prefers overseas investors to trade…

RBI opposes offshore settlement for sovereign bonds, favoring direct participation of foreign investors on the domestic NDS-OM platform.