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FII's can use bonds as collateral - RBI
Friday, July 20, 2007 in.reuters.com
(
Finance , Stock market
)
In an unprecedented move, the RBI will allow clearing houses of stock exchanges to accept foreign securities as collateral from overseas investors who want to invest in the derivatives segment of the Indian equities market. A notification to this effect has appeared on the RBI's website.
Tags :
RBI
Derivatives
Collateral
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