How the RBI creates the conditions for foreign flows to return to India

The RBI announced five measures on July 6 to further liberalize foreign exchange. The measures aim to create a more conducive environment to attract dollars through bank deposits, ECB, FPI

Topics
RBI | Foreign portfolio investor | REIT entries


Bhaskar Dutta |
Bombay



As domestic financial markets witness record outflows of overseas investment and the country’s current account deficit widens, the Reserve Bank of India (RBI) has announced a series of measures to bring in foreign capital.


TO READ THE FULL STORY, SUBSCRIBE NOW FOR JUST RS 249 PER MONTH.

SUBSCRIBE TO PERSPECTIVES


What do you get on Business Standard Premium?


WHERE







Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

First published: Wednesday, July 13, 2022. 3:40 PM IST

About Vicki Davis

Check Also

Taiwanese Apple supplier battles activists over $4 billion in cash

A Taiwan-based Apple supplier is battling an international investor over its multibillion-dollar cash in a …