Published on Fri, Mar 26, 2010 at 12:23 | Source : Reuters
Updated at Fri, Mar 26, 2010 at 18:09
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No views on raising FII limit in gov secs: RBI
The Reserve Bank of India (RBI) has no views on increasing the foreign institutional investment limit in government securities, which currently stands at USD 5 billion, one of the deputy governors said on Thursday.
The Reserve Bank of India (RBI) has no views on increasing the foreign institutional investment limit in government securities, which currently stands at USD 5 billion, one of the deputy governors said on Thursday.
"We don't have any view on increasing the FII limit. We have to consider the overall flow of capital and how we will be able to manage it," Shyamala Gopinath told reporters, while briefing them about the Financial Sector Stability report released earlier in the day.
