MUMBAI (Reuters) - The Reserve Bank of India (RBI) is working on allowing settlements of government bonds in the Euroclear system, the world's biggest securities settlement system, Deputy Governor H. R. Khan said at a capital markets conference in Mumbai on Wednesday.
The move is likely to make foreign investor access to the local debt market easier and help bring in larger debt inflows.
Khan also said the central bank is looking at more liberalisation under the automatic foreign direct investment route.
(Reporting by Suvashree Dey Choudhury and Himank Sharma; Writing by Swati Bhat; Editing by Subhranshu Sahu)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app