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RBI not in favour of offshore settlement for government securities, sources say
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 incentives, the RBI aims to consolidate liquidity locally for better price discovery and ease of trading, ensuring a unified market.
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economictimes.indiatimes.com
RBI not in favour of offshore settlement for government securities, sources say
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…
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RBI not in favour of offshore settlement for sovereign bonds: Report
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…
