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Reserve Bank of India (RBI) has expanded the list of Government securities available for non-resident investment under the Fully Accessible Route

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