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RBI panel for gradual increase of FII limit in government bonds
A committee of the Reserve Bank of India (RBI) has suggested increasing the foreign institutional investment limit in the government securities (G-secs) market in a gradual way. This is expected to boost primary liquidity in the market. At present, the investment limit for FIIs in G-secs is capped at $15 billion (Rs 84,000 crore) of which $5 bn is reserved for investment in securities with residual
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