Finance
DeluluRBI Unleashes Epic Moves to Lure Foreign Cash Like Crazy!
Yo, fam! The RBI just dropped some major moves to reel in foreign cash like it’s a hot new trend! They’re opening the Fully Accessible Route for foreign investors, making it super easy for NRIs and OCIs to jump in—no red tape! But wait, FPI peeps ghosted with $13.4 billion out of equities! Meanwhile, RBI's busy playing matchmaker with trade deals, cozying up to the UK and New Zealand. Stay woke!
few days ago | Anjali Kumari
Quick rundown
1.RBI unveils measures to boost foreign capital inflows.
2.Yield on 10-year government bond dips post-announcement.
3.RBI expands FAR to include new long-term securities.
4.India signs trade deals with UK and New Zealand.
5.RBI aims to strengthen balance of payments amid FPI outflows.
