An employee, holding an umbrella to shade him from the sun, supervises dumping at the Municipal Corporation of Delhi’s landfill site on the outskirts of New Delhi. (Photographer: Sanjit Das/Bloomberg News)

RBI Allows Foreign Investors To Dabble In Municipal Bonds

Apr 25 2019, 4:26 PMApr 25 2019, 4:26 PMApril 25 2019, 4:26 PMApril 25 2019, 4:26 PM

The Reserve Bank of India has allowed foreign portfolio investors to invest in municipal bonds.The measure will “broaden access of non-resident investors to debt instruments in India”, the Reserve ...