RBI Working To Include G-Secs In Global Indices Soon, Says Governor Shaktikanta Das

Bloomberg Quint | Feb 21, 2020 at 5:22 PM
  • Reserve Bank of India Governor Shaktikanta Das has said the central bank has already initiated discussions with some institutions and efforts are on for inclusion of government bonds in global indices as quickly as possible.
  • The development would attract higher foreign flows as many overseas funds are mandated to track global indices.
  • The NBFC sector, including some large housing finance companies, came under stress following a series of defaults by Infrastructure Leasing & Financial Services group companies beginning September 2018.