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India cbank chief says bonds to be part of global indexes at some point

Source : REUTERS
Last Updated: Wed, Nov 13, 2013 10:50 hrs

MUMBAI, Nov 13 (Reuters) - India's central bank governor said that the country's debt will be part of global bond indexes at some point, though he did not give a time frame.

Earlier Wednesday, the economic affairs secretary Arvind Mayaram said that the Reserve Bank of India is examining the pros and cons of relaxing limits for foreign institutional investors (FII) in government bonds. (Reporting by Suvasree DeyChowdhury & Neha Dasgupta; Editing by Rafael Nam)

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