Corporate bond Current Affairs, GK & News

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 ..

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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, ..

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RBI withdraws 20% limit on investments by FPIs in Corporate Bonds

The Reserve Bank of India (RBI) has withdrawn the earlier order which stipulated a 20% limit on investments by FPIs in Corporate Bonds. Why the limit was imposed and why it is being withdrawn? During the review of the FPI investment in corporate debt in April 2018, the limit was introduced to incentivize the FPIs to maintain a ..

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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 ..

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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. ..

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