RBI may consider issuing bonds to help soak up foreign money into stocks1 min read . Updated: 03 Mar 2021, 05:07 PM IST
Current laws forbid the RBI from selling its own paper, and budgetary constraints could prevent the government from issuing so-called market stabilization scheme, or MSS, bonds that authorities have used in the past
The Reserve Bank of India may consider issuing its own bonds to help soak up a deluge of foreign money into stocks that threatens financial stability, according to a report published by its researchers.
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