Corporate bond: GK, General Studies and Current Affairs

RBI increases Short-Term FPIs Limit 

The Reserve Bank of India (RBI) recently increased the investment limit for FPIs in government and corporate bonds from 20 percent to 30 percent. In two separate notifications released by the banking regulator of India on Thursday, 23rd January 2020, in central and state government securities that include treasury bills, 30 percent of their portfolios ..

Government announces sale of Sovereign Gold Bond

The government has approved the issue of Sovereign Gold Bonds 2019-20 (Series III) at Rs 3,499 per gram of gold. Sovereign Gold Bonds Sovereign Gold Bonds are government securities denominated in grams of gold. They were introduced as substitutes for holding physical gold. The bonds will be restricted for sale to resident individuals, HUFs, trusts, ..

Green Bonds

With the aim of promoting green economy across the world, green bonds have been initiated to finance the environment friendly businesses and assets. The first two banks to issue these were the World Bank and the European Investment Bank. They have attracted corporates and financial institutions across the world and became popular very quickly. In ..

Ministry of Corporate Affairs signed an MoU with Central Board of Direct Taxes (CBDT) for automatic and regular exchange of information

The Union Ministry of Corporate Affairs (MCA) and Central Board of Direct Taxes (CBDT) have signed a MoU for automatic and regular exchange of information to curb the menace of shell companies, money laundering and black money in the country. This will also prevent misuse of corporate structure by shell companies for various illegal purposes. ..

RBI elevates foreign investment limit in govt bonds

In a move targeted at preventing the continuous decline of Rupee, the Reserve Bank of India increased the limit of foreign investment in government bonds by $ 5 billion to $ 20 billion. The regulator also elevated limit of external commercial borrowing (ECB) to $ 10 bilion. Currently, foreign institutional investors (FIIs) are permitted to ..