The Reserve Bank of India’s voluntary retention route (VRR) has seen a muted response from foreign portfolio investors (FPIs). The RBI threw open the VRR to investors last month in a bid to attract long-term overseas money into the debt market while ensuring operational flexibility to FPIs to manage their investments.
Investments through the VRR are in addition to the general investment limit and are capped at Rs 40,000 crore for government securities and Rs 35,000 crore for corporate bonds per annum. The investment limits under the current tranche were open till April 30 or ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked.
What you get?
ON BUSINESS STANDARD DIGITAL
- Unlimited access to all the content on any device through browser or app.
- Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
- Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
- Track the industry of your choice with a daily newsletter specific to that industry.
- Stay on top of your investments. Track stock prices in your portfolio.
- 18 years of archival data.
- Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
- This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information