- RBI supportive measures help the market regain momentum.
- The Reserve Bank of India is encouraging investors to participate in NDS-OM, stating a preference for domestic settlement over offshore platforms. MarketAxess has linked its platform to NDS-OM.
- The Reserve Bank of India has approved regulated routes for offshore financial structures.
RBI introduced rules affecting foreign investment norms, prompting Indian residents to utilize offshore banks in Zurich, Singapore, and London.
1 report, 1 independent
Updated Aug 9
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What happened
RBI introduced rules affecting foreign investment norms, prompting Indian residents to utilize offshore banks in Zurich, Singapore, and London.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Reserve Bank of India
central bank of India
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