Reserve Bank of India (RBI) has expanded the list of Government securities available for non-resident investment under the Fully Accessible Route:
The Reserve Bank of India (RBI) has expanded the list of Government securities available for non-resident investment under the Fully Accessible Route (FAR) by designating 10-year Sovereign Green Bonds (SGrBs) as ‘specified securities.’ These bonds will be issued by the government in the second half of the fiscal year 2024-25, aligning with the increasing global inclusion of Indian Government Securities