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Govt may look at raising FII investment limit in govt debt: Sources

Govt may look at raising FII investment limit in govt debt: Sources
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First Published: Mon, Oct 17 2011. 06 00 PM IST

Updated: Mon, Oct 17 2011. 06 00 PM IST
Mumbai: The government may consider raising the limit for foreign institutional investors (FIIs) in government debt, a senior finance ministry official told Reuters on Monday.
A proposal was discussed at a meeting on Monday, but no decision has been taken, the official said.
The official said that the final decision will have to be taken by the Reserve Bank of India.
Currently, the limit for FII investment in government debt is set at $10 billion.
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First Published: Mon, Oct 17 2011. 06 00 PM IST