RBI raises the maximum limit for investment in IINSS-C to Rs 10 lakh per annum for eligible individual investors

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Capital Market
Last Updated : Mar 28 2014 | 12:02 AM IST
The Reserve Bank of India, in consultation with Government of India, has decided to increase the maximum limit for investment in Inflation Indexed National Saving Securities- Cumulative (IINSS-C) from Rs 5 lakh to Rs 10 lakh per annum for eligible individual investors and from Rs 5 lakh to Rs 25 lakh per annum for institutions such as HUFs, Charitable Trusts, Education Endowments and similar institutions which are not pro-profit in nature. The subscription will close on March 31, 2014. The other terms and conditions remain unchanged.

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First Published: Mar 27 2014 | 1:22 PM IST

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