The development would attract higher foreign flows as many overseas funds are mandated to track global indices. It will help bring in large passive investments from overseas, as a result more domestic capital would be available for industry as crowding out to that extent would be reduced.RBI in discussion with institutions; efforts on to include G-Secs in global indices soon: Das
The development would attract higher foreign flows as many overseas funds are mandated to track global indices. It will help bring in large passive investments from overseas, as a result more domestic capital would be available for industry as crowding out to that extent would be reduced.
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