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RBI allows foreign investors to invest in T-bills

The Reserve Bank of India set the implementation date of online monitoring of the limits in treasury bills as June 1, it said on Tuesday.

Published: 01st May 2018 06:42 PM  |   Last Updated: 01st May 2018 06:42 PM   |  A+A-

RBI

Image for representational purpose only. (File photo | Reuters)

By Reuters

MUMBAI: The Reserve Bank of India (RBI) has allowed foreign portfolio investors to invest in treasury bills issued by the federal government, in its latest move to ease foreign investment rules.

The Reserve Bank of India (RBI) set the implementation date of online monitoring of the limits in treasury bills as June 1, it said on Tuesday.



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