MUMBAI (Reuters) - The Reserve Bank of India (RBI) has allowed foreign portfolio investors to invest in treasury bills issued by the federal government, in its latest move to ease foreign investment rules.
The Reserve Bank of India (RBI) set the implementation date of online monitoring of the limits in treasury bills as June 1, it said https://reut.rs/2rbChBh on Tuesday.
(Reporting by Suvashree Dey Choudhury and Tanvi Mehta; Editing by Amrutha Gayathri)
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